GovernmentGrants

Buying a home for the first time is a big deal for many Americans, as they need to have enough cash to make a down payment, and cover the basics. A first-time home buyer is anyone who has not owned their primary residence in the last three years. This three-year cut-off period is based on the upcoming purchase property’s closing date. Nevertheless, arranging for cash is a big issue for first time home buyers. However, they can gain access to cash to help them pay for down payment, mortgage, and other closing costs. Grant money helps the local community at large by building stability and generational wealth, and also increases local spending, that benefits small businesses in the area.   While eligibility requirements for first time home buyer grants may vary, there are some common requirements, like: The applicant should earn 80% or less of Area Median Income (AMI)    Many grant programs stipulate the applicant to chip in some cash      Your spend...

Education grant for colleges is the free money that is provided to needy students to help them pay for their education. Unlike student loan, you do not have to repay the grant money accept under certain circumstances, like you withdraw early from the program for which grant was given, there is a change in your enrollment status. Grants also differ from scholarships which ae typically given on the basis of some kind of ability, ethnicity, or religion. On the other hand, educational grants for college are typically need-based,, many of which are awarded on your family’s economic situation. Expected Family Contribution (EFC) is the number used by your school to calculate how much financial aid you are eligible to receive. Pell Grant is one of the most popular and familiar grant, but may education grants for college are awarded irrespective of income. Any US citizen, or non-citizen who has completed high school, can apply for educational grants for college, based on their eligibilit...

Small business grants are provided to help you expand, reach out to new customers, and grow . Government agencies are among the biggest distributors of first-time business owner grants, supporting a range of enterprises. Though the grant money is not required to be repaid, it is not a handout, you need to meet certain eligibility criteria to win first time business owner grants. Most grants are awarded to businesses that innovate or contribute to a social cause. These are not immediate, and do not consider them as a short-term funding solution. Small Business Innovation Research (SBIR) and Small Business Technology Transfer Program (STTR) are longstanding funding programs for research-based businesses with potential for commercialization . The US Economic Development Administration provides first time business owner grants , resources, and technical assistance for communities to support entrepreneurship and innovation. If your small business is engaged in scientific research and d...

Small business grants are available for many purposes, from starting a venture to helping it run more efficiently, or aiding in its expansion. These are provided for specific purposes, and the application process is generally rigorous and time-consuming. Business grant lifecycle usually consists of three phases, viz. Pre-Award phase, in which the granting authority decides what it wants to fund, and accepts and reviews applications. In the second Award Phase, applicants are informed whether their application has been approved, and the agency works with the applicant to finalize the legal framework for the funding. In the Post-Award Phase, the grants management officer oversees grant compliance during the life of the grant through regular reports. Eventually, the grant is closed, once it is determined that the goal of the grant has been achieved. Though many business grants are offered by federal, state and local governments, and also by private organizations and nonprofits, the ...

Fastweb is the most well-known college scholarship match database. The online scholarship service matches students to scholarships they actually qualify for. Fastweb essentially takes the search out of the scholarship search, as students don’t have to scour the internet for possible opportunities . They just need to provide some basic information related to their college, location, majors of interest, academics, and extracurricular activities, and Fastweb will provide them with the right matches for the college scholarships where they have a real chance of winning . To use Fastweb , students or parents must create an account and a profile that includes their personal and academic information, their parents’ information, and the student’s personal interest. Members are then matched to a relevant Fastweb scholarship. Fastweb accounts are available completely free of charge, and the site boasts access to nearly 1.5 million scholarships. Each Fastweb scholarship is vetted by a real per...