It's no secret that there is billions of dollars in free grants for personal use that, once obtained, don't have to be paid back. What does seem to be a secret is finding these funding programs and figuring out who to talk to in order to receive them. Here's what you need to know in order to search for and apply for free grant money.
These programs are not typically advertised, which is why it can be difficult to find them. There is no one organization that handles all grant funds, which means there are many different ways to apply for grants. While your local government often provides financial aid for individuals for personal use, there are billions of dollars in private foundation grants that go unclaimed every year.
These funds are made available in order for these organizations to receive tax incentives. If no one claims them, they can often times still receive their tax benefits or maintain their nonprofit status, which is why they may not advertise these programs and make it difficult to find.
However, there are resources available that not only make it easy to find free grant money, but also alert you when new funds are available so you can be first in line in claiming these funds. By accessing these grant resources, you can put yourself at a big advantage when it comes to applying for funds that are made immediately available.
Grants are provided for a variety or purposes and to a variety of different groups of people. For instance, there are grants for single mothers, minorities, returning students, first time home buyers, and even free grant money to help you pay off your credit card bills.