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A federal grant is a financial award provided by the federal government to recipients, often to promote specific public purposes or support various initiatives that benefit the community at large. These grants are not loans; hence, they don't need to be repaid, making them a highly sought-after funding source for many organizations and institutions. Typically, these funds are distributed to state and local governments, educational institutions, non-profit organizations, and other entities to address societal needs ranging from health and human services to environmental conservation and educational advancements.
A federal grant is a financial award provided by the federal government to recipients, often to promote specific public purposes or support various initiatives that benefit the community at large. These grants are not loans; hence, they don't need to be repaid, making them a highly sought-after funding source for many organizations and institutions. Typically, these funds are distributed to state and local governments, educational institutions, non-profit organizations, and other entities to address societal needs ranging from health and human services to environmental conservation and educational advancements.
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