Minority Grants 2020
Grants are monies given by a body or organization without the recipient ever needing to repay them. We have the education grants, private grants, business grants and so on. All these types of grants can be accessed by anyone who meets the criteria set by the body providing the grant. However, some grants are targeted at a particular group of people. This award is known as minority grant. While it is common knowledge that government provides grants for general aid, most people are unaware that there are grants put in place for different minority groups.
There are grants that are open to all ethnic groups, but some are targeted at a particular ethnic group like the African Americans, Native Americans, Hispanic and Asians. Since the grant can only be applied for by a particular group, they are often less competitive than the general grants. Another good thing about applying for a minority grant is that you can still apply for a general grant at the same time. There are minority grants for business owners, college students, etc.
How Minority Grants work
Unlike scholarship that is mostly given based on merit, Grants are given based on needs. You need to be able to prove your need for the grant before you would be given. However, the chances of securing a minority grant are higher because you are only competing with a particular group of people. Many organizations exist that provide minority grants.
Types of Minority Grants
- Ethnic Minority Grants: these are grants given to a specific race. Immigrant group like the Hispanics, African American, can apply for this type of grant. There are also grants that are mainly for Asian American and Native American.
- Non-ethnic Minority grants: these grants target other minority groups other than the ethnic group. There are grants for disabled students to further their education and women grants awarded to female students to either further their studies or start a business.
The top providers of minority grants
Both the government and corporate bodies are providers of minority grants.
- Federal Government: this is probably the largest provider of grants. It has programs for both the general grants and the minority grants. The following are some of the grants provided by the federal government:
- Pell Grant: minority students can apply for this grant. The grant money can be as high as $5500 per beneficiary.
- Federal Supplemental Education Opportunity Grant: this grant is given to people with seriously need financial help
- You can visit grants.gov to get a comprehensive list of all federal government minority grants available.
- State Minority Grants: the state government is also involved in providing grants for minority groups. As a student, you can assess and apply for your state minority grant. Some of the state minority grant available:
- Iowa Minority Academic Grants Economic Success (IMAGES): this is given to undergraduate minority students of the state.
- Indian Student Assistance Grants are for Wisconsin residents
- Connecticut Office of Higher Education
- Minority Undergraduate Retention Grants
- Corporate minority grant: some corporations provide grants for minority groups. Examples of corporate bodies that provide minority grants are:
- American Geosciences Institute
- The American Bar Association
- Asian American Journalist Association