Saturday, November 19, 2011

The Eligibility and Benefits Of US Government Grants

By Kathie Jusko


Some people thought that a grant pertains to a loan, benefit or entitlement. On the other hand, it really pertains to mutual benefit between the government and the people it governs. If the grant is all about money, then the government will give it to its people and once they receive it, they will use that money to uplift the economy of that certain place. It's simply tells that the government helps people, then people supports the economy which produces revenue specifically in terms of taxes that will help government to become more stable on its growth.

Many people thought that Grants are benefits and/or entitlements, on the other side what it really means is that it is a financial aid given by the government of US to aid people who are in need and the money that was given to them will be used for a business that will profit the economy were taxes comes to be used by the government for the betterment of the society.

Nowadays, the access to this type of assistance can be done online. However, you still need to be more careful because some sites do offer illegitimate support to people who are eligible for such benefit. You have to make sure that the website that you will be visiting is the legitimated one to avoid errors or sometimes, to avoid spending money that will result to nothing.

On the internet, hundreds of sites are clamming that they can lead you to the correct way to have a grant. But according to some research, there are only few who offer real grants and will direct you to the correct government site. One good example to visit is Grants.gov. It gives precise data about the grants being implemented all across the states of America.

This site was established as government's source and was known as E Grants Initiative which is a part of 2002's Fiscal Year Management Plan to build up government services to the humanity. It begins under the Public Law 106-107 (Federal Financial Assistance Management Improvement Act of 1999). At present this website is the central depot of data on thousands of grant plans and gives an access to an estimate of $500 billion in yearly awards.




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