Grant-in-aid definitions
| Word backwards | dia-ni-tnarg |
|---|---|
| Part of speech | The phrase "grant-in-aid" functions as a noun. |
| Syllabic division | grant-in-aid - grant-in-aid |
| Plural | The plural of the word "grant-in-aid" is "grants-in-aid." |
| Total letters | 10 |
| Vogais (2) | a,i |
| Consonants (5) | g,r,n,t,d |
What is Grant-In-Aid?
Grant-in-aid is a form of financial assistance provided by a government or organization to support a specific program, project, or individual. This type of funding is typically given to non-profit organizations, educational institutions, or local governments to help them achieve their goals and objectives.
Benefits of Grant-In-Aid
Grant-in-aid can provide vital support to organizations and communities that may not have the necessary resources to fund important initiatives on their own. By receiving this financial assistance, recipients can expand their programs, improve services, and make a positive impact on the individuals they serve.
Types of Grant-In-Aid
There are various types of grant-in-aid available, including project grants, formula grants, and categorical grants. Project grants are awarded for specific programs or initiatives, while formula grants are distributed based on a predetermined formula. Categorical grants are allocated for a particular purpose or category of funding.
Application Process
Applying for grant-in-aid typically involves submitting a detailed proposal outlining the organization's goals, objectives, budget, and how the funding will be used. The application process may also require supporting documents, financial statements, and a timeline for project implementation.
Monitoring and Evaluation
Once grant-in-aid is received, organizations are usually required to provide regular reports on how the funds are being utilized. This monitoring and evaluation process ensures that the money is being used effectively and in accordance with the terms of the grant agreement.
Ultimately, grant-in-aid plays a crucial role in supporting the work of various organizations and institutions, allowing them to carry out important projects and services that benefit society as a whole. Receiving this financial assistance can make a significant difference in the success and sustainability of these endeavors.
Grant-in-aid Examples
- The government provides grant-in-aid to support scientific research projects.
- The foundation awarded a grant-in-aid to help improve educational resources in low-income communities.
- The university received a grant-in-aid to fund scholarships for students in need.
- The museum used a grant-in-aid to restore a historic painting in its collection.
- The nonprofit organization applied for a grant-in-aid to expand its community outreach programs.
- The local sports team received a grant-in-aid to purchase new equipment for their athletes.
- The agriculture department provided grant-in-aid to farmers affected by natural disasters.
- The conservation group used a grant-in-aid to protect endangered species in the region.
- The healthcare facility was awarded a grant-in-aid to improve patient care services.
- The arts council offered grant-in-aid to support local artists in showcasing their work.