Get Application For Discretionary Teaching Grant-in-aid ...

There are three main sources for grant funding: The government - often federal, sometimes state, and occasionally local. Private businesses and corporations. Foundations, which distribute many millions of dollars per year to community groups and organizations similar to yours.

The three general types of federal grants to state and local governments are categorical grants, block grants, and general revenue sharing (see Table 1). Categorical grants can be used only for a specifically aided program and usually are limited to narrowly defined activities.

The National Center for Family Philanthropy3 defines discretionary grants, more simply, as those made at the discretion of individual trustees or other authorized individuals, without the standard approval process and/or review by the full board.

The most popular type of grant is for Program support. Program grants provide funding for specific projects or programs. Generally, these are restricted grants, where recipients must only use funds for the exact purpose outlined in the grant proposal.

The U.S. Department of Education provides three types of grants: discretionary grants (awarded using a competitive process), student loans or grants (to help students pursue and attend postsecondary education), and formula grants (uses formulas determined by Congress and has no application process).

The main sources of funding are retained earnings, debt capital, and equity capital. Companies use retained earnings from business operations to expand or distribute dividends to their shareholders. Businesses raise funds by borrowing debt privately from a bank or by going public (issuing debt securities).

The three general types of federal grants to state and local governments are categorical grants, block grants, and general revenue sharing (see Table 1). Categorical grants can be used only for a specifically aided program and usually are limited to narrowly defined activities.

A variety of federal grants are available, including: Pell Grants, Federal Supplemental Educational Opportunity Grants (FSEOG), Teacher Education Assistance for College and Higher Education (TEACH) Grants, and.