What is a Federal Grant
Published: May 21st, 2009 | Author: admin
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Do you need money from the federal government? Well you can get it if the government decides to award the federal grant to you.
But what is a federal grant? Basically it is financial assistance given from one of the 26 federal agencies. When it is given, it is suppose to carry out a public purpose of support or stimulation authorized by a law of the United States.
There are two types of federal grants namely project and formula grants.