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Analyzing the Types of Federal Funding Available
ОглавлениеFederal government grant monies come in two forms:
Direct grants: You apply directly to the federal government. There is no intermediary agency.
Pass-through grants: Your state applies to the federal government for a grant. After receiving the grant, the state then passes the federal monies on to applicants. Pass-through monies are still considered federal monies even though they’re distributed by state agencies.
Whether in the form of direct or pass-through grants, federal monies are also classified as either competitive or formula.
In this section, I give you the scoop on the pros and cons of direct and pass-through grants, and I share the details you need to know about competitive and formula grants. Note: Some of the terms in this section may seem to overlap with the kinds of allocations listed earlier in the chapter, but that’s just because the government ran out of unique names to use (that’s my theory and I’m sticking to it). The grants in this section are different entities from those earlier terms.