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GRANTS BY PURPOSE
Funding by Purpose / Type of Use
The following are types of funding based on specific scenarios:
Educational Grants:
These grants are designed to support students in accessing and completing higher education. They may cover tuition, books, research materials, or living expenses.
Educational grants are usually awarded based on financial need, academic merit, or specific criteria such as field of study, minority status, or community service. They do not typically require repayment, making them highly sought after.
Research Grants:
Research grants provide funding for scientific, academic, or applied research projects. They often come from government agencies, universities, foundations, or private institutions.
These grants are competitive and require applicants to present a straightforward research question, methodology, and expected outcomes. They are crucial for advancing knowledge, innovation, and evidence-based policy or practice.
Capacity Grants:
Capacity-building grants aim to strengthen an organisation’s internal systems and sustainability rather than fund direct project activities. They may support areas such as staff training, technology upgrades, strategic planning, governance improvements, or infrastructure. These grants help organisations deliver programs more effectively in the long run.
Project-Based Grants:
Project grants are awarded for specific, time-bound initiatives. Examples include building infrastructure (like a school or highway), running a community health campaign, or delivering a vocational training program. The grant is tied to clear objectives, outputs, and timelines, and recipients must report on results achieved.
Matching Grants:
In a matching grant, funders provide financial support only if the recipient can secure additional funding from other sources. For example, a donor might commit to providing $1 for every $1 raised by the organisation. This approach encourages partnerships, accountability, and community buy-in, while also reducing the donor’s risk.
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