Does one have to be dirt poor to get grant money? What if you just want to pay off your credit cards, but have a full time job? Do you still qualify?
2006-10-24 10:18:09 · 7 answers · asked by tobeyp2005 3 in Politics & Government ➔ Government
The government is NOT in the business of giving away free money for the sake of giving away money. There are no grants for paying bills, no grants for paying off credit cards, no grants for getting out of debt and no grants for simply fattening your wallet.
Grants are free, but it means OBLIGATION. You will be obligated to do as the grant sets out to do. Grants have objectives, and your purpose must fit the objective of the grant.
For one, you have to write the grant application and the grant application is not a simple document - you have to explain how your purpose for applying for the grant fits well with the objectives set out by the grant.
There is a stringent review process through a committee. You will compete with other applicants for the grant money, and this grant review committee will evaluate the merits of each proposal. Only those that they feel exemplifies the objective of the grant will be approved.
You can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support your purposes.
Even if you buy books on "how to get grants" or list that supposedly has information on grants -- all of them are mere rehash of what CFDA has, albeit packaged differently.
Note though that these grants generally support non-profit organizations, intermediary lending institutions, and state and local governments. Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program. Individuals especially for personal purposes are not eligible for federal grants.
Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs
2006-10-24 16:18:05 · answer #1 · answered by imisidro 7 · 1⤊ 0⤋
From my understanding it is true. I'm not sure of the qualifications BUT, the gov. HAS to get rid of this money. They have billions of dollars every year that they need to write off. Look it up online. Just apply for whatever grant you need. Whether its to buy a house, go to school, whatever...they have a grant for it...and you don't have to pay back grants.
2006-10-24 18:35:08 · answer #2 · answered by armywife 4 · 0⤊ 0⤋
The qualifications for government grant programs vary by program. Head to the book store or your local library and look at the myriad of books available on this subject.
2006-10-24 17:25:29 · answer #3 · answered by sekny75 1 · 0⤊ 0⤋
These grants are not so you can go out and buy that new Lexus you've always wanted. They are for education, housing, etc
2006-10-24 17:26:46 · answer #4 · answered by only p 6 · 0⤊ 0⤋
There's all kinds of grants for different kinds of reasons.
http://www.proposalwriter.com/govtgrants.html
http://www.firstgov.gov/Citizen/Topics/Benefits.shtml
2006-10-24 17:20:41 · answer #5 · answered by Anonymous · 1⤊ 0⤋
It's a big give-away.
You need to be a minority. Whites need not apply.
2006-10-24 17:21:23 · answer #6 · answered by Anonymous · 1⤊ 1⤋
ITS CALLED POLITICAL PAYBACK
LONGEST RUNNING SCAM IN THIS COUNTRY
2006-10-24 17:34:58 · answer #7 · answered by Jerome D 2 · 0⤊ 0⤋