A money loan is different from US government grant. The latter is given and awarded by the government to a qualified citizen without having the need or obligation to pay for it afterwards, whereas a money loan would necessitate you to repay after some time. However, it should be noted that the sum of money being given can only be used for purposes that you have stated upon your request and could not deviate from this. In addition, your eligibility for one kind of a US government grant will not mean to say that the same goes for the other types of government grants, too. As they have their own specific set of requirements and qualification that must be satisfied first prior to availing them, thus you can’t assume by yourself that you can have it all. Otherwise you are heading yourself to disappointment.
The CFDA catalog is actually beneficial to use and make it sure of reference if we want to know more about a particular government grant that we want to apply for. It contains all the necessary information that we need to know, the qualifications that we need to have in ourselves and the requirements that will be asked of us to present.
When you apply for one specific government grant, it would be best that you review the requirements thoroughly and provide all the needed documentation as much as you can before to process or submit your request. You’ll not be disappointed and less hassle in both end if incase all documents needed and instructions are well followed for the fastest process as well.
As with any other processes that you are applying for like money loan, for as long as you have provided the necessary requirements there is going to be a smooth flow of your transaction. It is being set to determine your qualifications for a particular financial grant that you are aiming for, without which it will be difficult for them to proceed with the next stage for your application.
Take into account as well the deadline for you to submit and present the needed requirements since most of these financial grants are available only for just a short span of time.
[Bob Justice] has been in the field of Government Grants for a long time and maintains a website about Grant Money where you can get answers to the rest of your questions.