Grant, And Earmark Grant: The Four Main Types Of Grants

A federal grant is monetary funding awarded by the United States Federal Government to a recipient for humanitarian purposes or for the good of the general population. Federal Grants have specific guidelines and failure to follow these mandated guidelines can lead to severe legal impact for the recipient. These grants are awarded to state and county governments or to not for profit organizations. Individuals and businesses do not qualify for federal grants directly. These grants are normally large scale grants to fund medical research or for large scale community projects. Each grant is designed for a different purpose, with a different requirement, and monetary award. There are many types of federal grants in existence today however, I will focus on the four main types.

The four main types of federal grants are Project Grants, Block Grants, Categorical Grants and Earmark Grants. These grants have individual significance due to the type of funding that the grants provide assistance for. The federal grant application process can be quite confusing and requires a lot of research to ensure that the requirements are met before applying. Applicants should seek out professional guidance to ensure that the grant they are applying for meets their …show more content…
This type of grant requires a process of appropriation in Congress. It is granted in lump sum to the federal agency every year and the funds are managed by the Executive branch. The recipient is normally from the district of a specific congressman or the state of a specific senator. This type of grant is very difficult to receive, because there are quite a few applicants and funding is limited. Each applicant is scrutinized to ensure that priority is given to those who need the funding the most (usfundinghelp.com). Homeland Security and Defense appropriations bills are examples of earmark