Block Grants: Block grants leave it up to the grant receiver (for example, a US State from the Federal Government) to decide what to do with the money.
Categorical Grant: Categorical grants are granted to the receiver (for example, a US State from the Federal Government) for a specific project or projects. Many times these projects include interstate (road) funding, education funding, or state job funding.
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They include: Project Grant Funding, Formula Grant Funding and Block Grant Funding. The other type is Categorical Grant Funding.
A project grant is a grant-in-aid that has to be applied for. The federal government provides several different types of grants.
grant in aid
The best way is probably to visit the financial aid office at the college. There, they can walk you through the different types of aid available and the different application processes for each. (For example, applying for a student direct Federal loan differs from applying for Pell Grant, etc.)
Realistic, grant and formal method
Band aid
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There are a few different type of student aid. As For the Federal Student aid Grant there are six. You will have to fill out a free application for your federal student aid. The fafsa.com is great to start with.
Grants are offered by many colleges and each has a qualifications you need to meet to get them. Each grant is different and for different purposes, so you have to go to the financial aid office of your college to see if you can apply for one.
Financial aid is a program that offers money to students based on income. The Cal Grant is part of financial aid and you qualify for this grant by filling out your FASFA for the school you are planning to attend.
Federal Pell Grant
Federal Pell Grant
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