Grant (money)
A grant is money given by a government, company, foundation, or trust to a group, school, business, or person.[1] Unlike a loan, a grant does not need to be paid back. Grants help with a specific project or goal and often have rules about how the money can be used.[2][3]
People may need to write applications or proposals to get a grant. They might also have to follow rules and report on how they use the money.
Types of grants
[change | change source]Grants can be categorized into types based on their source, purpose, and requirements. Grants are divided into, among others:[4][5]
- Government grants
- Foundation grants
- Corporate grants
- Research grants
- Educational grants
References
[change | change source]- ↑ "grant". Retrieved 2025-02-09.
- ↑ "What is a Grant? | U.S. Congressman Henry Cuellar, Ph.D." cuellar.house.gov. Retrieved 2025-02-09.
- ↑ "What is a grant?". www.ukcommunityfoundations.org. Retrieved 2025-02-09.
- ↑ "Understanding Types of Grants and Funding | NIDCD". www.nidcd.nih.gov. Retrieved 2025-02-09.
- ↑ "Grant Programs | Grants.gov". www.grants.gov. Retrieved 2025-02-09.
