Tuesday, March 13, 2007

Grants Program Information

Grants Program Information

By definition, a federal grant is money that is awarded for a specific purpose. The grant money is tax free, and there is no repayment required. Federal grants are awarded by individual government departments. The United States Federal government awards billions of dollars each year for a multitude of reasons.

Catalog Of Federal Domestic Assistance

    Grants Of All Sizes
    Grants Of All Sizes

    Catalog of Federal Domestic Assistance (CFDA) is a publication to assist the public as a guide through the multitude of Federal domestic grants. CFDA provides a complete "listing of Federal programs." Included in the CFDA is information about programs, agencies and regional and local agencies offices.

Programs

    Tax Free Money
    Tax Free Money

    The grant awards described in the CFDA for federal grant monies navigational is broken down into nine (IX) user step by step instructions. Starting with the instructions on how to view each program's complete details. To how to perform keyword searches, sort searches by column headers, number of programs the display per page, and instructions on how to save the information or print a copy of it. There is a screen shot showing exactly what to do, where to do it, and in what order.

Executive Order 12372

    TThe Executive Order 12372 dictates that the federal agencies will provide assistance to interview those elected officials. This executive order outlines how states are to coordinate with federal agencies on plans that will best utilize the funds. The Office of Management and Budget (OMB) will coordinate with the states and maintain final approval on Federally funded State development projects.

Who Is Eligible

    Under the current grant guidelines, any American citizen, and even United States visa residents, are authorized to apply for, and receive, federal government, state government, and even private foundations' funded loans and grants. Furthermore, these programs don't require background credit validations, collateral, or co-signing sponsorship. Even a credit history with bankruptcy is not a deterrent to obtaining grants.

Finding Grant Opportunity

    Once a specific purpose had been determined to apply for a Federal Grant, the job has just started. The complete process will take many hours of research, writing, proofreading, re-writing, building a business plan, computation, and ensuring the guidelines for this specific purpose are followed to the letter.

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