How can i get a government grant to hold me over while i find a job and train after i graduated college?
Nov.08, 2010 in
College Jobs
Question by PJD3: How can i get a government grant to hold me over while i find a job and train after i graduated college?
I have loans to repay and if i accept a job in my field it will take at least 3 months to start gaining income, and the 5 dollars in my account is not going to hold me over for the next 3 or 4 months. Is there such a grant I can apply for?
Best answer:
Answer by syren4you
Well as far as i know you have 6 months grace period before you have to start paying government grant. Not private though.
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November 8th, 2010 at 9:59 am
no, the government does not give grants to individuals ,only organizations
November 8th, 2010 at 10:04 am
No. The government is NOT in the business of giving away free money for the sake of giving away money. Grants are free, but it means OBLIGATION. You will be obligated to do as the grant sets out to do. Grants have objectives, and your purpose must fit the objective of the grant.
For one, you have to write the grant application and the grant application is not a simple document – you have to explain how your purpose for applying for the grant fits well with the objectives set out by the grant.
There there is a stringent review process through a committee. You will compete with other applicants for the grant money, and this grant review committee will evaluate the merits of each proposal. Only those that they feel exemplifies the objective of the grant will be approved.
You can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov – these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support your purposes.
Even if you buy books on “how to get grants” or list that supposedly has information on grants — all of them are mere rehash of what CFDA has, albeit packaged differently.
Note though that these grants generally support non-profit organizations, intermediary lending institutions, and state and local governments. Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT – Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program. Individuals especially for personal purposes are not eligible for federal grants.
Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women’s Business Ownership Assistance that are given to those who will create women’s business center that will train women entrepreneurs