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

Grants can be categorized into types based on their source, purpose, and requirements. Grants are divided into, among others:[4][5]

  1. Government grants
  2. Foundation grants
  3. Corporate grants
  4. Research grants
  5. Educational grants

References

  1. ↑ "grant". Retrieved 2025-02-09.
  2. ↑ "What is a Grant? | U.S. Congressman Henry Cuellar, Ph.D." cuellar.house.gov. Retrieved 2025-02-09.
  3. ↑ "What is a grant?". www.ukcommunityfoundations.org. Retrieved 2025-02-09.
  4. ↑ "Understanding Types of Grants and Funding | NIDCD". www.nidcd.nih.gov. Retrieved 2025-02-09.
  5. ↑ "Grant Programs | Grants.gov". www.grants.gov. Retrieved 2025-02-09.
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