GRANT (MONEY)

'Grants' are funds given to tax-exempt nonprofit organizations or local governments by foundations, corporations, governments, small business and individuals. Most grants are made to fund a specific project and require some level of reporting. The process involves an applicant submitting a proposal to a potential funder, either on the applicant's own initiative or in response to a Request for Proposals from the funder. Other grants can be given to individuals, such as victims of natural disasters or individuals who seek to open a small business.
Other grants include intergovernmental grants which facilitate:

★ Tiered funding to other levels of government (state, local government) from various taxes collected at federal and state levels. These grants provide the main source of general revenue for lower levels of government. Examples include the US, Australia and Kenya.

★ Program related funding (e.g. federal education funding for activities administered by state governments). These are often recurring grants, providing the main source of revenue for programs.

★ Project related funding (e.g. combined federal and state funding for a freeway). Very large grants are negotiated at policy levels. However smaller grants may be provided by a government agency (e.g. municipal government) applying for grant funding for a local project (e.g. a new library) from a federal or state government program.
Project related funding to governments, business, communities and individuals is often arranged by application via an online website.

Contents

Northern and Central America

USA

Europe (EU)

Denmark

SU

UK

External links

Northern and Central America

USA

Main articles: Federal grant

Most often, grants are issued by the government to students through attending post-secondary education institutions. In certain cases, a part of a government loan is issued as a grant, particularly pertaining to promising students seeking financial support for continuing their educations.

Europe (EU)

Denmark

SU

SU is the States Educationsupport (Statens Uddannelsesstøtte) and is available to all students, including students as young as 16 years of age. This is available to all age groups currently under courses. There are two systems of SU.

★ Youth Education (UngdomsUddannelse)
Available to all students in pre-college educations.

★ Post-Secondary Education (Videre Gående)
Available to all students in post-secondary or higher educations. This system is a clip card grant good for 5 years and 10 months.

UK

Other grants are available in the UK and Europe for small projects and fieldwork.

External links

★ The US federal government's web portal

★ Federal government agencies

★ www.tea.state.tx.us/opge/egrant Texas State government

★ Cross government