I am in need of information on personal grants. Let me specify. None of the websites that advertise buying their book or cd. Not for school use either. One that specifies grant use for women or minorities. I have heard that you can get a grant for anything, where can I obtain information?
Please and thank you.
2007-10-10 16:22:00 · 4 answers · asked by prttylilrebel 2 in Business & Finance ➔ Personal Finance
It is NOT TRUE that you can get grants for anything. That's the myth being spread by scammers
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
2007-10-12 03:30:57 · answer #1 · answered by imisidro 7 · 0⤊ 0⤋
Try these:
1] After 40+ years, I remember hearing this in High School:
Lovejoy's Guide OR Robert Leider.
#2 On weekends, semester breaks, holidays and during the summer, work in your chosen field and ask about scholarships, grants, fellowships and low-interest loans.
Thanks for asking your Q! I enjoyed taking the time to answer it!
VTY,
Ron Berue
Yes, that is my real last name!
2007-10-10 23:49:45 · answer #2 · answered by Ron Berue 6 · 0⤊ 0⤋
Generally speaking, most foundations only give grants to organizations, not to individuals. However, if you would like to research this, try www.fdncenter.org.
2007-10-11 01:00:06 · answer #3 · answered by Katherine W 7 · 0⤊ 0⤋
Just try GRANT.com.
I am sure you shall find some scholarships, grants that match your purpose.
2007-10-11 03:26:56 · answer #4 · answered by Anonymous · 0⤊ 0⤋