7 Tips on How to Apply For Free Grants

A grant is a type of funding usually by a government department, corporation, foundation or a non-governmental organization to an individual, business institution, school or a non-profit making organization. A grant is usually non-repayable, and it is therefore considered as free. Grants in most cases are used for developments and improvement of conditions or projects. For you to be eligible for a particular grant, you are required to fulfill specific requirements that are set by the granting institution. Therefore, an individual or organization seeking a free grant is required to write an application to the grant-giving institution. The grantor then gauges the validity of the application. If the application fulfills the requirements of the granting institution, the grant is offered. An individual or organization seeking a grant should therefore clearly outline why they require the funding

Most free grants are given to fund particular projects. For example, an education grant can be given to a school to fund the building of new classroom. The recipient of the grant is required to comply with the agreed use of the granted funds. Also, the grants’ recipient is required by the grantor to report the progress of the project constantly. Positive progress is likely to improve the recipient’s standing, and they are likely to be successful in other subsequent grant applications. Some institutions also give grants to persons who have been affected by a natural disaster such as an earthquake. These kinds of grants are given to empower the affected individuals. They are required to open businesses or fund activities that will generate income to improve their livelihoods.

1. Decide What Grant You Need

There are many types of grants. An individual or institution seeking a free grant should first have a clear outline of the project that requires being funded. A grantor gauges the applicant’s plan before giving the grant. Therefore having a clearly defined project increases the likelihood of succeeding in the application. Grantors are likely to avoid funding projects that are not defined or seem unviable to them. Without a well-set project, there is a high probability of funds misuse. It is, therefore, necessary for the applicant to be specific on the kind of project that they want to undertake.

Knowing the project that applicant wants to start, it is easier to decide what grant you need. There are many types of grantors. With a clear project, the applicant saves time by engaging the right grantor. Choosing the right grantor guarantees higher chances of being successful in the application.
Another aspect that the applicant should be specific about is the need of the free grant. The grantor needs to be convinced that the grant is of high impact to the project. Without a defined essence of the grant, the grantor is likely to decline. This is because the grantor requires assurance that the granted funds will be appropriately used.