What Government Grant You Qualify For? Part 1
Before we get into all the ways you can get a government grant, I’d like to start of with clearing some things up about government grants. I’m sure you’ve seen some late night infomercials with some guy ranting and raving about how easy it is to get a grant, and how simple it is to solve all of your money problems.
“Want a house? Get a grant! Want to write a book? Get a grant! Start a business? Get a grant!” all you have to do is simple send some money over to the guy on your TV screen and all your money problems will be over, right? Well, not exactly.
I don’t know about you, but to me all that sounds a little bit too good to be true. So what is the truth? Well, it’s somewhere in between…
The Federal Government DOES grant over $30 BILLION dollars every year. Unfortunately, most of it does NOT go into the hands of people like you and me.
Most of that money ends up in the hands of:
- County governments
- City or township governments
- Independent school districts
- State controlled institutions of higher education
- Native American tribal governments (Federally recognized)
- Nonprofits other than institutions of higher education [includes community action agencies and other organizations having a 501(c)(3) status with the IRS]
- Private institutions of higher education, State governments
Most of that cool 30 Billion dollars ends up in the hands of the organizations listed above, and when I say most I mean roughly 95%. Now ask yourself, does your family fit into any of the categories above?
Another 20 billion in grants is also provided by private foundations and trusts every single year. But Again, the vast majority goes to non-profit organizations.Now I know what you must be thinking, but don’t be discouraged because understanding that you do not qualify for the majority of Federal and Private Grants is the first step to actually getting a grant.
Now, do you notice how I keep telling you about FEDERAL grants and how you don’t qualify for most of them? Well, there are grants available at the state level that you can apply for and actually receive. This is what the majority of this website will focus on – grants you actually qualify for!