Q:

What are some examples of categorical grants?

A:

Federal grants given to state governments for things like the construction of new schools or highway construction and repair are examples of categorical grants. Categorical grants are intended for specific things and are typically accompanied by a set of specific requirements for use.

There are two primary categories of grants that are available through the federal government in the United States: block grants and categorical grants. Categorical grant funds are often granted by the United States Congress. These grants are most frequently given to state governments to complete specific projects, such as infrastructure improvements like maintenance repairs on interstate highway bridges. Because this type of grant usually comes with a set of restrictions and has a specifically stated purpose, it is most useful for the completion of specific, predetermined projects.

Categorical grants can be further split into two categories: project grants and formula grants. Project grants are those categorical grants that are funded for the completion of specific projects, like the repaving of major roads. Formula grants are grants that are given to the states by the federal government in amounts based on mathematical formulas designed to make these grants fair and equitable for each recipient state. For example, if a formula grant takes population into account, highly populated states like California and New York will receive more funding than less populated states like South Dakota.


Is this answer helpful?

Similar Questions

  • Q:

    How do you get financial aid for college?

    A:

    There are several sources of financial aid for college, such as the federal government, state governments, colleges and universities, private organizations, banks and lending companies. For a student to qualify for financial aid, he must apply for the specific aid he is interested in and meet the qualifications set. Financial aid for college students include loans, scholarships, grants and work-study programs.

    Full Answer >
    Filed Under:
  • Q:

    How do you apply for grants?

    A:

    As of 2014, the application process for U.S. federal grants begins with registering at the Grants.gov website and downloading the necessary application forms. After the forms are completed, the application must be submitted online. The response time varies from a few days to several weeks, and an application status can be tracked using the Grants.gov site.

    Full Answer >
    Filed Under:
  • Q:

    Do you have to pay back grants?

    A:

    In most cases, recipients do not have to repay grants. The most common types of grants that individuals receive are educational grants. However, there are a few circumstances where educational grants have to be repaid.

    Full Answer >
    Filed Under:
  • Q:

    What are home improvement grants?

    A:

    There are federal grants available to assist low-income people and senior citizens with essential home repairs that would otherwise be unaffordable. These federal grants cover a wide range of home improvement projects. Grant money is distributed to individuals and community groups that cater to low-income individuals or senior citizens.

    Full Answer >
    Filed Under:

Explore