Government grants for individuals allow people to get free money that never has to be repaid. While in order to request this money you have to have a specific purpose in mind, in the end it can really be used for your personal use.
There are hundreds of grant programs that are sponsored by the government and private foundations. There are grant to help you get out of debt, pay your mortgage, repair your car, and to go back to school. The biggest grant checks, however, tend to be awarded to those who are starting a small business. Those that can formulate a plan to make money, even if from home, can receive grant checks for as much as $50,000.
Once you have the money, you will never be asked to pay it back. You must, however, use the funds for the reason that was specified in the grant application. If you receive grant money to help you start that home based business, don’t use the funds to take a vacation. If you are caught, you’ll have to repay the grant funds.
Any American citizen can apply to receive government grants for individuals. As long as you are at least 18 years old, you can search the database, find money that you should qualify to receive, and submit your request. In as little as 7 days you could be cashing government grants for individuals. While these programs have been around for some time, there’s no telling if they will continue to be funded once the money is gone.