Apart
from governments, they are also offered by NGOs, private corporations,
wealthy individuals, non-profit organizations, trusts, foundations and
educational institutes. The grants are provided for free of cost and the
recipients are not required to make any payments in return. The best
part is that, the recipients do not have to pay any taxes for receiving
any assistance in the form of grants. The amount of money which is
offered through grants can be either very high or very low, based on the
type of assistance provided. Many charitable organizations also offer
such assistance to the people in need.
Federal Grants in the United States
The
Federal Government offers a variety of grants to people from all walks
of life, starting from students to scientists. Most of these grants are
offered mainly to researchers, universities and other educational
institutions, cities, counties, states, non-profit organizations and
charitable foundations. There are only a few of them which are offered
to individuals. Federal Grants come with a lot of benefits and apart
from offering financial assistance they also offer access to all kinds
of resources that might be needed to complete a research project. In
most cases, these grants are not offered to
The most common grant
offered by the US Government is known as R01, which is offered to
support any research project which is specified and discreet. The best
part about the R01 assistance program is that, it does not come with any
money limit. It is usually awarded for a period of 3 to 5 years. Other
Federal Grants include the R43/R44 - issued to those small businesses
which initiate innovative research programs, R15 - issued to support
academic research projects, and R03, which is issued to support certain
scale research projects for a shorter duration of time.
Source
Useful Information About Grants and Federal Grants in the United States
Posted by CB Blogger
Blog, Updated at: 12:57 AM
