There are government agencies that offer personal and business grants that do not need to be repaid. Getting such government aid is a difficult task and not everyone can qualify for them. In order to know what your chances are for getting government aid it is useful to have a wide idea of the different programs available.

Since each agency has different loans and grants with varied requirements for approval, it is almost impossible to make a list containing them all. However, you can have an idea of the different types of grants available and once you know what you need, you can contact the government agency directly to get further information regarding these aid programs.

<b>Personal Government Grants</b>

There are <b>government grants</b> for personal purposes offered by different government agencies. These grants are awarded some due to merit, some due to need. There are government grants awarded to students, Scientifics and investigators, artists, physicians, etc. which are awarded according to the merit. And there are government grants for students, first time home buyers, entrepreneurs, senior citizens, etc. awarded according to the needs of the applicant.

There are <b>government grants for students</b> available that are granted in order to fund college studies of those who can not afford the monthly payments or for those who have an excellent high school performance and want to develop their knowledge on certain field that the government is interested in promoting. Physics, certain areas of medicine, are examples of these fields.

There are also government grants for first time home buyers. In this case these grants are awarded according to geographic variables and according to the needs of the applicants. The idea is to solve habitation problems caused by disasters, poverty or harsh economic situations on certain geographic zones.

<b>Business Government Grants</b>

There are mainly two kinds of government grants for businesses. These grant's types have many differences and the qualification process is completely different. They share only the purpose and certain mechanisms of approval and awarding. The main distinction is probably the stage at which the business is.

There are government grants awarded for running businesses. In this case, the grant is offered to those companies that provide a particular service to the public and the government is interested in sustaining their productivity or increasing it. The main qualification requirements are related to the fields at which the company works and the availability or not of other players in that market that could replace or compete with the company. If there are no other competitors due to the lack of feasibility of the business, chances are that if the government is interested, it will subsidize the company's development.

And there are also government grants for starting businesses. Again, in this case, the grant is offered to those who are willing to start a business on a certain field which the government is interested in promoting. The money is used to fund the creation of the company and its first steps on the market. Qualification for these grants requires submitting abundant documentation with market analyses and feasibility studies too.