Easy Ways to get Government Grants
While late-night infomercials make it sound too good to be true, there are actually ways to get free money from the government. These financial assistance programs come in the form of grants, and anyone from low-income individuals to business owners can apply for them. And though many people are scared off by the thought of a difficult application, getting government grants is easy if you know how to navigate the process. Find out 5 ways on how to get free money from the government.
In this article:
1. Make Sure You Are Eligible
Getting rejected when applying for a government grant can be disheartening. This is why many people only try once and then push it from their minds. While it’s important to remember that not every government grant application will be approved, it should also be pointed out that many of these rejections are due to ineligible applicants.
Applying for government grants isn’t like a job application. “Close enough,” “education instead of experience” and “desired qualifications” don’t really exist. If you’re reading over grant requirements and you don’t meet the qualifications, you’ll only be wasting time by submitting an application. This is time that could be better spent seeking out grants you’re eligible for.
Of course, there’s a chance that you could meet some of the requirements prior to submitting your application. If this isn’t possible, though, keep looking. There are grants out there that you qualify for. You just have to avoid wasting time on the others.
2. Submit Your Application Early
Regardless of the type of government grant you’re hoping to obtain, there’s typically a filing deadline involved. Even low-income grants, which are typically available throughout the year, still have timetables in which they must be submitted. With so many of these grants available, though, you can likely find one whose application deadline has not yet passed.
When it comes to organizational grants, though, things can get a little more competitive. The deadlines are sometimes set far in advance, and innumerable companies and nonprofits are often vying for the same grant. This is why you have to get everything turned in well before the deadline. While some departments do offer deadline extensions, you can rest assured your request will be near the bottom of the stack if it comes in late.
Additionally, it’s typically good practice to turn in everything early anyway. Internet outages and power failures aren’t uncommon occurrences, and it would be a shame to get all your ducks in a row just to miss the grant application deadline.
3. Always Keep Your Eye Out for New Grants
While some grants have long application periods, there are others that come and go before many even notice. Applying for and successfully obtaining a grant isn’t a difficult process, but if the application period closes out before you even have a chance to see it, you’re going to miss out. Of course, it can be difficult to stay on top of every website that offers grants. Luckily, there are a few surefire ways to stay in the loop.