Minority Grants – Finding Your Own Way

Minority Grants – Finding Your Own Way
– AUGUST 05, 2010 – EDITOR – NO COMMENTS

Minorities should take every opportunity that is presented to them for minority grants. These grants are presented for unrepresented or underrepresented minorities. These minority grants can be used to pay off loans, do research, go to school, or start a business. There are, however, many pros and cons to getting these grants.

The biggest pro to getting minority grants is the fact that you do not have to repay the money that you use to do your action. If you use the money, you can rest assured that you do not have a loan to repay and you have “earned” the money in your minority grants.

Another positive thing about minority grants is that they are more abundant than you’d think. There are many ways to find minority grants; a search on the internet is a good place to start, but local organizations and your personal contacts probably have more information if you’d just ask them.

The positive things about minority grants might end here. You will find that many grants are difficult to acquire and you should proceed with caution if you really want minority grants. Read the following carefully.

First, you should read any and all fine print about minority grants. Many offers are “free,” only to ask you for a “small” shipping fee. Then, you will be asked to pay several other small fees just to get more information as time passes. This can be aggravating and time-consuming.

Also, writing applications for minority grants can be confusing. Many people will hire grant writers to apply for their minority grants. This can be costly in itself. You should try to write the application yourself if at all possible, since this negates the “free” grant money.

Minority grants also are difficult to find sometimes. Many people think that they are hard to find just so that someone has to “earn” the right to use the money. This is simply not true. Continue to persevere and you will find the minority grants that you deserve.

If you do hire someone to get you grants, it is likely to cost you lots of money, money that you had hoped to save by getting a minority grant. Try to search yourself so that you don’t get sucked into spending money that you should be making on your grant. Take your time and be sure to give yourself plenty of lead time so that you can ensure you get the grants you need.

Lastly, it can be extremely difficult to get an answer back about your grants. Use the internet to find contact information on your minority grants and you can reach out and touch someone to get an answer about the progress of your grant.

The above should give you a realistic look at some of the pros and cons of taking out minority grants. The pros of course outweigh the cons if you can have the patience to look past the negatives. Free money isn’t always free!

Posted in: – Financial Aid – Tags: free grant money, minorities, Minority Grants

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