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- Types of grants in aid include1234:
- Categorical grants: grants for narrowly defined purposes or categories, often requiring matching funds from recipients.
- Project grants: grants for research or other projects, usually awarded on a competitive basis.
- Formula grants: grants determined by a law or a formula, based on factors such as population, income, or need.
- Block grants: grants for a general purpose, giving recipients more flexibility and discretion.
- Statutory grants: grants authorized by the Constitution or an act of Parliament, usually for specific states or regions.
- Discretionary grants: grants given by the Centre to the states at its discretion, usually for special purposes or emergencies.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Categorical grants: Narrowly defined purposes (i.e., categories). Much of the time, recipients must match a percentage of the grant. Project grants: Fund research (medical, science, etc.) and other projects Formula grants: Determined by law Block grants: Large grants given to state or local governments for a general purpose.grantwritingandfunding.com/what-are-the-different-t…Types of Grant Aid
- Federal Grants Federal Pell Grants are available to undergraduate financial aid applicants who have not yet received a baccalaureate degree. ...
financialaid.ucmerced.edu/types-aid/grantsApart from distribution of taxes between centre and states, the constitution provides for mainly two types of grants-in-aid viz. statutory grants and discretionary grants: Contents [ hide] Statutory Grants Discretionary Grants Other Grants Statutory Grantswww.gktoday.in/types-of-grants-in-aid-in-indian-co…Besides sharing of taxes between the Centre and the states, the Constitution provides for grants-in-aid to the states from the Central resources. There are two types of grants-in aid, viz, statutory grants and discretionary grants: Statutory Grants: empowers the Parliamentupscwithnikhil.com/article/economics/grants-in-aid … - People also ask
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