What Exactly Is Free Grant Money?

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You can apply for free grant money from various government agencies. But where exactly does this money come from? It all begins with what Congress allocates every year for funding of various programs. This runs into billions of dollars and they are for projects that will benefit the community. In fact, education itself sees over $67 billion being allocated to it every year.

How free is free would be the question. This free money does necessitate spending time, effort and money in order to avail of it. For one thing, organizations or individuals will have to pay special people either by way of employing them or hiring them in order to make the applications watertight and eligible. If you have a great application and all your papers are in order and you do get the free grant, you need to administer the spending with an eagle eye. Or pay someone to do it. Free grant money means responsibilities, obligations and consequences. If certain criteria are not adhered to, you could face stiff penalties, including a jail term. Remember that this is public money so it has to be used with care and prudence. The money is given to you to accomplish certain tasks for the community and...

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