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A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States. Grants are federal assistance to individuals, benefits or entitlements. A grant is not used to acquire property or services for the federal government's direct ...
Project grants, sometimes referred to as discretionary grants, are awarded competitively. Project grants are the most common form of grants and a large number are found in scientific research, technology development, education (such as Federal Pell Grants), social services, the arts and health care types of assistance. [citation needed]
Grant (money) A grant is a financial award given by a government entity, foundation, corporation, or other organization to an individual or organization for a specific purpose. Unlike loans, grants do not need to be repaid, [ 1] making them an attractive source of funding for various activities, such as research, education, public service ...
For the 2023-24 award year, you may receive up to $6,973.49. Teacher Education Assistance for College and Higher Education (TEACH) Grant. Borrowers who commit to teaching for four years in a high ...
Types of home improvement grants. The Home Investment Partnerships Program (HOME) – This HUD program provides grants to state and local governments that can be used to create affordable housing ...
Categorical grant. Categorical grants, also called conditional grants, are grants issued by the United States Congress which may be spent only for narrowly defined purposes. They are the main source of federal aid to state and local governments and can be used only for specified categories of state and local spending, such as education or roads.
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