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Free Government Money With Grant Applications

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Published: August 7, 2007

Who would not want to receive free government money to realize a project, study abroad, or pursue a business dream? Before beginning the process of applying for free federal government grants, it is important to understand the basics and not get overwhelmed in the process. The most important thing to keep in mind is that while some free government money is available for individuals to apply for directly, most grants are not accessible directly from the federal government. But don't lose hope. Free federal government money is available through program specific entities to be dispersed on the state or local level, through civic, non-profit or even private sector organizations. What is important to keep in mind is that there are free government grants available; the trick is knowing where to find them.

The main free government money opportunities are the following: free application for federal student aid (FAFSA), formula grants, project grants, direct payments for specified use, and direct payments with unrestricted use. Within each of these categories, with the exception of the FAFSA, are hundreds of announcements for opportunities to apply for free government cash grants, mostly having to do with specific areas of local interest. It's important to keep in mind that the majority of the free federal government grants will be distributed through organizations or state or local entities.

The FAFSA is perhaps the most important free federal government grant application for students of higher education. The application can be found at colleges, technical schools and universities, as well as at the local library. It can also be filled out online after requesting and receiving a signature pin code. When filling out the FAFSA, it is important to remember to list all potential schools and list their codes accurately. Financial aid offices at each respective school know their code if it is not listed on the FAFSA application. Depending on an applicant's eligibility, the most common free government money for education is the Federal Pell grant. The amount of free government money depends on many factors, including income, dependency status, family size, and enrollment status.

While formula grants are only available to states, project grants are awarded to organizations or agencies. Most applications for free government grants will be evaluated and awarded through an agency. Grants in this category are generally based on federal or local area needs, for example, on developing bio-fuels, or in establishing trade relationships for the exportation of products from small US business owners. Projects with a particular interest in promoting women's and US minority small business owners are currently popular and well-funded.

Direct payments for specified use and direct payments with unrestricted use are two types of grants where there are many opportunities for individuals to apply for free government money. For example, a university scientist can apply for free government cash grant to attend a series of conferences, or to purchase equipment for a research project. Another type of free government money that would be available directly from the government is, for example, disaster relief grants to make costly home or business repairs after a natural disaster, or grants for low-income home owners to make health and safety improvements.

The organization or agency that has been allocated funds for distribution will generally have the application materials and a contact person to answer any questions regarding the process of obtaining free government money. Writing a clear and concise proposal, with relevant objectives and outcomes, will help an applicant greatly in getting awarded free government money. The amount of free government money available varies greatly, depending on the project, the agency determination, and demonstrated financial need. The granting agency will generally have a set maximum grant amount. A free list of government grants can be found on the Catalog of Federal Domestic Assistance (CDFA) website http://12.46.245.173/cfda/cfda.html.



Sources:
Types of Assistance.  Catalog of Federal Domestic Assistance (CFDA). 1 Aug. 2007. http://12.46.245.173/pls/portal30/CATALOG.TYP_ASSI STANCE_DYN.show

Program for Assistance Type of Formula Grants. Catalog of Federal Domestic Assistance (CDFA).  1 Aug. 2007. http://12.46.245.173/pls/portal30/catalog.FORMULA_ GRANTS_RPT.show

Program for Assistance Type of Project Grants. Catalog of Federal Domestic Assistance (CDFA).  1 Aug. 2007. http://12.46.245.173/pls/portal30/!catalog.PROJECT _GRANTS_RPT.show

Programs for Direct Payment for Specified Use. Catalog of Federal Domestic Assistance (CDFA).  1 Aug. 2007. http://12.46.245.173/pls/portal30/catalog.DIRECT_P AY_SPECIFIED_RPT.show

Frequently asked Questions. Catalog of Federal Domestic Assistance (CDFA). 1 Aug. 2007. http://12.46.245.173/pls/portal30/CATALOG.FAQ_DYN. show

Federal Student Aid FASFA. 11 July 2007. http://www.fafsa.ed.gov/

About Grants.gov. Grants.gov. 1 Aug. 2007. http://www.grants.gov/aboutgrants/eligibility.jsp< br />
Federal Student Aid Programs. FASFA. 1 Aug. 2007. http://www.fafsa.ed.gov/what010.htm#pell
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