Source: USAGov in Spanish
WASHINGTON, Dec. 14, 2020 / PRNewswire-HISPANIC PR WIRE / – Do you or your family need financial assistance to meet a personal need? Do you work in a non-profit organization where you need assistance to complete a project? You may have heard that the government offers financial assistance, but you don’t know what kind of assistance you might have access to and where to find out. The first thing to be clear about is that there are two types of financial aid offered by the government and that each of them has different eligibility requirements.
Grants
Grants are financial aid to finance projects or provide public services, and are only available to non-profit organizations, universities, states and local governments. Note that:
Most government grant funding opportunities are not for individuals.
If you find information on the internet or other means that the government is offering grants or “free money” to people to start a business or help with paying bills, don’t believe it, it could be a scam.
If you are part of an organization and believe that it may be eligible for a grant from the United States Government, find free information on the grants that are available, tips and tools to help you in the application process.
Loans
The Government makes loans to people for specific purposes, such as: to help finance education, to assist with housing needs, or in response to an emergency or crisis. Note that:
Loans, unlike grants, must be repaid in payments that are often with interest.
If what you need is money to meet a personal need, you may be eligible for one of the loans that the government provides.
To search for government loans, use the federal government’s free official website Gov Loans.gov, where you can access information on loans for agriculture, business, disaster assistance, education, housing, and veterans. Find out if you are eligible for a government loan using the online pre-screening tool.
Find more information about government grants and loans at USA.gov in Spanish.
USAGov en Español is part of USAGov, a federal program that connects you to information and services from agencies, departments and programs of the United States Government. USAGov helps you find answers to your questions in English and Spanish. Contact us by phone, or through social networks on Facebook or Twitter.
