Whether you plan to continue your education or need help with basic living expenses, government grants can make a world of difference. If your application is successful, you'll receive funding for your projects. Government grants for individuals are not as common as small business grants and other types of financing, but they do exist. A quick search online can reveal dozens, if not hundreds, of opportunities.

How Grant Programs Work

Thousands of grants are awarded to students, researchers, artists and entrepreneurs each year. These government-funded programs aim to support the local and national economy by investing in people and businesses. Some are merit-based, while others are need-based. They're often referred to as gift aid.

According to the Official Guide to Government Information and Services, there is no such thing as a free grant. If you do receive a grant to cover your expenses or tuition fees, you must repay it. The same source states that the government does not offer grants to individuals, but only to organizations, universities, research centers and so on.

If you're an artist or a student who needs funding, you may receive it from your state's social service agency or other organizations that have been awarded government grants. TANF (Temporary Assistance for Needy Families), for example, offers financial help, job training, child care and other benefits to low-income families. The federal government funds this program. Those who qualify are required to find a job within two years of receiving aid.

Another example is the Federal Pell Grant, which is usually awarded to undergraduate students who need financial help. Applicants who qualify for this program receive up to $6,095 depending on their status as full-time or part-time students, their tuition fees and other factors.

If you're interested in the Pell Grant, you can submit an application along with an award letter from your school. The college you're attending will use the money to cover your expenses or send it directly to your bank account. In certain circumstances, you may be required to repay a portion or all of the funds.

As you see, government grants are not awarded directly to individuals, but to state and local agencies or private organizations that can help individuals in need. Depending on the program you apply to, you may or may not need to repay the money. However, it's necessary to use the funds for the purpose specified in the grant award and meet certain conditions. Beware that all government-funded programs have income limits.

Types of Federal Grants

  • Block grants.
  • Categorical grants.
  • Earmark grants.

Government-Funded Programs for Individuals

Choosing a grant program comes down to your needs. Compare the different types of grants, check the eligibility requirements and submit the best proposals possible. You're competing against hundreds of thousands of other applicants, so it's important to draft a grant-worthy proposal. For a start, check out these government-funded programs for individuals.

Federal Supplemental Educational Opportunity Grants

This program may be available through your school's financial aid office. It appeals to undergraduate students who have the most financial need. If you qualify, you will receive $100 to $4,000 per year. Each school receives a specific amount of money, so the funds are limited.

If you meet the grant's requirements, you don't have to repay the money. Students who change their enrollment status, quit school or receive funding from other sources may be required to repay all or part of the grant. The same goes for those who fail to meet the requirements for maintaining the grant award.

The TEACH Grant

To qualify for this grant, you must agree to teach in a high-need field in a low-income school for at least four years. High-need fields include:

  • special education
  • bilingual education
  • foreign language
  • science
  • mathematics
  • more

If you fail to meet these conditions, the grant funds will be converted to a direct unsubsidized loan that must be paid in full.

Grant Programs for Artists

Many organizations offer grants for photographers, musicians, painters, writers and other artists. The government does not necessarily fund these. The Fulbright Fellowship for the Creative and Performing Arts, for instance, awards approximately 8,000 grants every year. Its mission is to help artists study, conduct research and teach in their field of interest.

Remember, applying for a grant is just the first step. If you qualify, you'll be responsible for meeting certain obligations and goals. In general, eligibility requirements are specific and strict. Government agencies are not flexible or willing to make compromises. Make sure you’re aware of these things before you enroll in grant programs.

To stay safe, submit your application on trusted platforms like Grants.gov, Benefits.gov or FederalGrants.com. Steer clear of any organization that guarantees grant approval or claims to provide free money. What you'll get is a loan that must be repaid sooner or later. Research the grant programs you're interested in, read the fine print and discuss your options with a counselor.