The difference between loans and grants is that a grant is free money with a purpose; however, because you don’t have to pay these funds back, you have to do some great convincing that you really need the money. When writing grant proposals, you will generally have to present an intended goal, explain how you are going to achieve that goal, and show how the money will help you with this goal. Once you get the funding you need; you have to make sure to utilize the funds exactly how it was stated within your proposal. Click to continue »

The Process of Providing Federal Government Grants

If you ever heard that the U.S. government gives away free money, then it probably was a joke or some kind of scam. A grant is not a birthday present. Each party, the grantor and the grantee, have certain commitments to make. Once you apply for Federal Government Grants, you are bound and obligated legally once the money has been granted. Click to continue »