Grant (money)

A grant is money given by a government, company, foundation, or trust to a group, school, business, or person. Unlike a loan, a grant does not need to be paid back. Grants help with a specific project or goal and often have rules about how the money can be used.  

People may need to write applications or proposals to get a grant. They might also have to follow rules and report on how they use the money.

 Types of grants 
Grants can be categorized into types based on their source, purpose, and requirements. Grants are divided into, among others:

 Government grants
 Foundation grants
 Corporate grants
 Research grants
 Educational grants

References 

Category:Money
Category:Giving