The different types of government grants availableto the citizens are business grants, education grants, housing grants, personal grants, research grants, minority grants and many more. There are many sources which provide free funding. These include politicians, private foundations, corporations, charitable organizations, community foundations, etc.

Politicians set up free grant programs for the benefit of their constituents. The prosperity of their constituents will help them to get re-elected in the next elections. By law, private foundations have to give away five percent of their yearly gross profits. This is essential to help them retain their non-profit, tax exempt status with the IRS. Grants funded by private foundations support public causes that the foundations believe in. Corporations give away free grants and non-monetary gifts that support causes they believe in. Corporations benefit from the positive media attention, which may also help them to get tax write-offs.

The most popular government grants among the masses are the federal small business grants. These grants provide financial support to those individuals who wish to start a new business as well as to those who want to expand their existing business. The money received through business grants can be put to different uses such as expanding or renovating facilities, purchasing new machinery and equipment, hiring and training new employees and increasing inventory. Anyone with a vision to start a new business can avail business grants.

Among the youth, education grants are an all-time favorite. All those who had to discontinue higher studies due to lack of funding no longer need to sacrifice their dreams. They can approach the government and avail the different types of education grants. These grants fund under-graduate as well as post-graduate courses. Under the category of education grants, Federal Pell grants are quite popular. Pell grants are granted on the sole basis of a student's financial need. These grants do not require a student to possess any special talents as an eligibility requirement. Anyone who needs money to pay college fees can avail Federal Pell grants.

For any type of financial assistance, you can approach the government. There are lots of grantors available who fund grants for the needy. In fact, several types of grants are funded by your own tax dollars. So, you should not think twice before applying for government grants. It is your own money that you are claiming back.