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In the United States, federal grants are economic aid issued by the United States government out of the general federal revenue. A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States.
Project grants are the most common form of grants and a large number are found in scientific research, technology development, education (such as Federal Pell Grants), social services, the arts and health care types of assistance. [citation needed] Formula grants provide funds as dictated by a law. Examples of this type of grant includes Aid to ...
Government grants are awarded by federal, state, provincial, local and/or municipal governments to support projects that benefit the public. These can include funding for scientific research, infrastructure development, public health initiatives, and education programs.
A new round of grants from the federal government will pay out $78 million across 12 states and 13 tribal nations, hoping to reduce energy bills for rural people and create new renewable energy ...
Categorical grants, also called conditional grants, are grants issued by the United States Congress which may be spent only for narrowly defined purposes. They are the main source of federal aid to state and local governments and can be used only for specified categories of state and local spending, such as education or roads.
Block grants have less oversight from the larger government and provide flexibility to each subsidiary government body in terms of designing and implementing programs. [1]: 9 Block grants, categorical grants, and general revenue sharing are three types of federal government grants-in-aid programs. [2] [Notes 1]