The objective of federal grants is to strengthen the US and its workforce. The main aim is to develop the economy by building a strong economic infrastructure. Details are available in a single website, grants.gov, providing a one-stop shop for applying for grants. According to the website there are over 1,000 grant programs offered by the 26 Federal grant-making agencies. These programs fall into 21 categories defined by the Catalog of Federal Domestic Assistance. Grants are awarded in categories such as Agriculture, Health, Arts, Housing, Business and Commerce, Humanities, Community Development, Information and Statistics, Consumer Protection, Law, Justice, and Legal Services, Disaster Prevention and Relief, Natural Resources, Education, Regional Development, Employment, Labor and Training, Science and Technology, Energy, Social Services and Income Security, Environmental Quality, Transportation and Food and Nutrition.
Government grants are the greatest form of financial assistance. They are awarded in the form of money to be used for a specific purpose. One attraction about the federal grants is that you need not pay them back, because it is basically a government assistance to get your education or improve your business.
It is not an easy task to get the federal grants. A tour to the grants.gov itself will tell you that it