What are the different types of federal grants available?

What are the different types of federal grants available?

There are several types of federal grants, including categorical grants, block grants, and project grants. Would you like to know more about a specific type?

Yes, can you explain categorical grants?

Categorical grants are funds provided by the federal government to state or local governments for a specific purpose, such as education or healthcare. They often come with strict guidelines on how the money can be used.

What about block grants?

Block grants are larger sums of money given to state or local governments with fewer restrictions. They allow more flexibility in how the funds are used, often for broad purposes like community development or social services.

Are there any federal grants for individuals?

Yes, there are federal grants available for individuals, such as Pell Grants for students and grants for low-income families. These grants typically have specific eligibility requirements.