All About Grants (And No, President Grant Didn?t Invent Them!)
9492
Politics
Mar 1, 2007
Abrahem Mittell
All About Grants (And No, President Grant Didn?t Invent Them!)
Grants are gifts of money that are given to the recipient mostly based on the merit or the need of the recipient. There are many types of grants and all are used for the greater good. Many are given out by the government as aid or as a way to ?feed? a lackluster economy and in so doing raise the tax revenue for the government. One can think of both purposes as investments by the government because in both cases the stability or boost given to the recipient will get them back on their feet and being productive again which is better for the government than that area becoming a perennial drain on the economy.
Governments aren?t the only institutions that give out grants. Private organizations can give grants out as philanthropic sorts of gifts to the community in which they are located. The great thing about the grant for the recipient is that they are under no obligation to pay back or ?work off? this money. The only requirements come on the front end in the form of eligibility requirements. There is generally a certain list of things that are considered appropriate uses for the money and will not be given out unless the benefactor of the money is sure that they will be used in this way. This whole process is carried out through applications.
People seeking grants will write a grant proposal or fill out an application detailing their eligibility and in many cases making a statement concerning their specific needs. There is often a certain form in which the benefactor expects these to be written, and in lieu of this there are often special positions held by employees of certain types of institutions that are responsible for all of the grant writing in that area.
The most common types of grants are student aid. These grants subsidize the cost of education for students who are either very talented or very needy. The idea is that the institution will only benefit by making a relatively small investment in the student?s future productivity. Other grants include public educational grants, research grants, product and technology development grants, relief aid grants, small business grants, and on and on. Again don?t think of these as free gifts that the government gives out of the generosity in their hearts. Rather this is money that the government is hoping will by helping its recipient on the front end reap major savings and/or profits on the hind end.
Governments aren?t the only institutions that give out grants. Private organizations can give grants out as philanthropic sorts of gifts to the community in which they are located. The great thing about the grant for the recipient is that they are under no obligation to pay back or ?work off? this money. The only requirements come on the front end in the form of eligibility requirements. There is generally a certain list of things that are considered appropriate uses for the money and will not be given out unless the benefactor of the money is sure that they will be used in this way. This whole process is carried out through applications.
People seeking grants will write a grant proposal or fill out an application detailing their eligibility and in many cases making a statement concerning their specific needs. There is often a certain form in which the benefactor expects these to be written, and in lieu of this there are often special positions held by employees of certain types of institutions that are responsible for all of the grant writing in that area.
The most common types of grants are student aid. These grants subsidize the cost of education for students who are either very talented or very needy. The idea is that the institution will only benefit by making a relatively small investment in the student?s future productivity. Other grants include public educational grants, research grants, product and technology development grants, relief aid grants, small business grants, and on and on. Again don?t think of these as free gifts that the government gives out of the generosity in their hearts. Rather this is money that the government is hoping will by helping its recipient on the front end reap major savings and/or profits on the hind end.
Content Provider: http://www.traffichelp4u.com
Abrahem Mittell is continually amazed and perplexed by the fact that people don?t take advantage of the grants that are available to them. If you want to learn how to take advantage you should visit www.allgrants.info
Write a Review
Add to My Favorite
Refer it to Friend
Report Article
Other links owned by this user
You hve ll seen them before, ds feturing ?GOVERNMENT AUCTION, HUGE SAVINGS ON CARS, JEWELRY, AND MORE!? But the problem is tht they re usully dvertised in such cheesy nd unbelievble wy tht the more discerning shoppers simply write them off
Category:
Federal grants are given by the federal government (of course!) to many different areas of need, with one purpose and that is to stimulate productivity within the country and the world from which they are counting on reaping more profits. Instead of the
Category:
The short answer to this simple but fantastic question is that yes, free grants do in fact come at no cost to the recipient. That does not mean that there are no strings attached but we will talk about that later. First we need to get the basic concepts
Category:
Grants are gifts of money that are given to the recipient mostly based on the merit or the need of the recipient. There are many types of grants and all are used for the greater good. Many are given out by the government as aid or as a way to ?feed? a
Category:
Other links at Politics
Bird flu won't stop terrorists, and a serious pandemic may encourage them to strike. Therefore, one more problem which policy makers in the world must watch out for is maintaining security. This will be hard enough when police, security
Category:
In a twist of fate worthy of a Perry Mason episode, the President of the United States truly has accomplished his mission. He has ascertained beyond a scintilla of a doubt, that Iraq has absolutely no weapons of mass destruction. In Gulf War 1, George
Category:
If you are anything like me, the smallest decisions can quickly become material for the greatest debates of your life. You can turn the tiniest molehill of an issue into a huge mountain of a decision just by sitting down and analyzing too
Category:
There seems to be some confusion between patriotism and common sense lately. This is what most nationalistic movements bank on. No one should speak up with the voice of reason; if you do, you will be shouted down, called a coward, and publicly
Category:
Site Sponsor
Directory Statistics
Articles: 68228
Categories: 501
Yahoo Entertainment
