What You Need to Know About Federal Grants

A Short Summary of Federal Grants

What is a grant? A grant is a way the government funds your ideas and projects to provide public services and stimulate the economy. Grants support critical recovery initiatives, innovative research, and many other programs listed in the Catalog of Federal Domestic Assistance (CFDA).

A grant is one of many different forms of federal financial assistance. Federal financial assistance is a broad term to refer to the various ways the U.S. government redistributes resources to eligible recipients. On Grants.gov you will find grant and cooperative agreement opportunities from federal agencies that award grants. Click to learn more.

A Short History of Federal Grant Policy

Billions of dollars in Federal grants are awarded each year for programs and projects that benefit the public. This assistance is rooted in the Constitution and its call to “promote the general Welfare.”

It wasn’t until the 1970’s, however, that Federal grant policy began to evolve into what it is today. In the 70’s, Congressional lawmakers responded to reports that Federal agencies were using assistance awards, or grants, to pay for services. In doing so, they could side-step competition and procurement rules normally associated with government contracting. Click to learn more.

source: https://www.grants.gov

 

4 Ways to Learn Federal Grants with Grants.gov