Federal grants aim to strengthen the economy.
Federal grants fund local and state agencies. The grant program helps finance education, housing, health care and nutrition programs. Grants are not loans; they are awards of financial assistance to a receiver toward services that will help the public. According to Grants.gov, there are 26 federal funded agencies that provide over a 1,000 grants. Applicants must meet specific guidelines for approval to receive grants.
Educational
The government awards Pell and Federal Supplemental Educational Opportunity Grants to colleges and universities. These federal grants pay eligible students tuition, books, room and board. Students apply to receive grant assistance at the beginning of an academic school year. The school determines each student's eligibility.
Housing
The U.S Department of Housing and Urban Development offers Section 8 and Indian Affairs programs. These programs provide financial assistance to ensure safe, clean and affordable housing for the disabled, elderly and individuals with low income. Applicants must meet specific qualifications for approval.
Health Care
The U.S. Department of Health Resources and Services Administration (HRSA) offers health care grants to organizations to help underprivileged individuals receive adequate care. For example, HRSA awards grants to health care agencies that provide breast cancer screening and diagnostic testing. These grants allow agencies to acquire equipment such as machines for mammograms.
Nutrition
The Department of Agriculture (DOA) provides grant programs that are designed to teach individuals the right way to eat. Healthy Eating Research is a grant program for children. The program promotes nutrition awareness and prevent childhood obesity. The DOA awards the Team Nutrition grant to various states to conduct a healthy eating training group in which school staff are taught properly prepare nutritional meals for students.
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