The 2009 Stimulus Package announced by President Barack Obama has brought several grants, tax credits & loans for the individuals. The Federal grants are available for all day to day needs of the individuals like food & clothing, renovation the house, clearing your debts, setting up a new business, kids' education, etc.
The basic eligibility criteria are as follows:
· You must be 18 years or above of age.
· You must be a US citizen.
· Your requirement must be legal & valid.
Person is eligible for various types of grants based on other critical factors. These include the following:
· Your monthly income
· Your kids
· Your maritime status
You can apply for more than one grant that you think suits your needs.There are certain key points that would help you get Federal Government Grants for individuals:
Let Us Consider Some Key Points for Federal Government Grants
. You must have the complete & the right knowledge of the grants. For that read through the website of the Federal Government properly.
. Those who are applying for the education grant have a lot many options open to them. They can also apply for the grants given to specific courses. You must try for them.
. In case you are applying for a grant to establish a small business you must have your business plan ready before hand. In order to make it impressive you must add marketing plan, budget, executive summary & some statistical descriptions in the same. The Federal Government also helps you get business counseling to plan you business better.
. The grants are executed by the FHA and HUD but they are actually given by the local government offices. You must approach them accordingly.
. You can apply for the grants on the Federal Government websites directly.
. Make sure that the information you furnish there is absolutely correct. Also you must have valid proofs for the same.