Comments on: How To Get A Us Gov Grant For Education? http://www.sn-art.com/education/how-to-get-a-us-gov-grant-for-education Tue, 30 Nov 2010 14:20:59 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: NotAnyoneYouKnow http://www.sn-art.com/education/how-to-get-a-us-gov-grant-for-education/comment-page-1#comment-2030 NotAnyoneYouKnow Sun, 11 Jul 2010 02:33:59 +0000 http://www.sn-art.com/education/how-to-get-a-us-gov-grant-for-education#comment-2030 Karen: There are several questions you have to ask yourself before you can set up a perpetuating grant fund to help college-bound students. First of all, you have to ask who the recipients are going to be, because that will help you figure out how you're going to be able to best promote it. If, for example, you thought that this loved one's memory would be best honored by assisting the students from a particular town, or high school, then you would probably want to contact either city hall, or a school administrator or school board member. It's not enough to offer a grant or scholarship - you want the existence of these funds to be promoted (somehow) to eligible students deserving of the assistance. Another aspect of proper planning will be to develop the criteria that will be used to identify the lucky recipient. If the loved one had a particular hobby or an academic subject that he/she really enjoyed, you might want to award the grant on the basis of potential or promise in that particular domain. Or - you might just wish to award any deserving student - in which case, you'll have to figure out how to identify the "most deserving". Grade point average? Family finances? Standardized test scores? One thing you'll discover is that a lot of candidates will have compelling stories that will touch your heart - how will you choose which one(s) to award the grant to? Another important consideration is the perpetuation of the award. In most cases, an ongoing grant is funded through an annuity. The grant donor purchases some sort of annuity investment, and dedicates the interest generated by the annuity to the payment of the annual grant. That way, the grant can continue to be paid out, year after year, rather than just once. If that's what you are hoping to see happen, you'll definitely want to solicit some reliable investment advice, because it will take a rather large and stable investment to generate annual interest sufficient to continuously fund an ongoing grant. What I would suggest you do is contact a school administrator and a financial advisor. You and these other resources should be able to come up with a reasonable plan that will satisfy your wishes to honor the memory of the loved one. I hope that information helps you get started with your planning. Good luck!<br><b>References : </b><br> Karen:

There are several questions you have to ask yourself before you can set up a perpetuating grant fund to help college-bound students.

First of all, you have to ask who the recipients are going to be, because that will help you figure out how you’re going to be able to best promote it. If, for example, you thought that this loved one’s memory would be best honored by assisting the students from a particular town, or high school, then you would probably want to contact either city hall, or a school administrator or school board member. It’s not enough to offer a grant or scholarship – you want the existence of these funds to be promoted (somehow) to eligible students deserving of the assistance.

Another aspect of proper planning will be to develop the criteria that will be used to identify the lucky recipient. If the loved one had a particular hobby or an academic subject that he/she really enjoyed, you might want to award the grant on the basis of potential or promise in that particular domain. Or – you might just wish to award any deserving student – in which case, you’ll have to figure out how to identify the "most deserving". Grade point average? Family finances? Standardized test scores? One thing you’ll discover is that a lot of candidates will have compelling stories that will touch your heart – how will you choose which one(s) to award the grant to?

Another important consideration is the perpetuation of the award. In most cases, an ongoing grant is funded through an annuity. The grant donor purchases some sort of annuity investment, and dedicates the interest generated by the annuity to the payment of the annual grant. That way, the grant can continue to be paid out, year after year, rather than just once. If that’s what you are hoping to see happen, you’ll definitely want to solicit some reliable investment advice, because it will take a rather large and stable investment to generate annual interest sufficient to continuously fund an ongoing grant.

What I would suggest you do is contact a school administrator and a financial advisor. You and these other resources should be able to come up with a reasonable plan that will satisfy your wishes to honor the memory of the loved one.

I hope that information helps you get started with your planning. Good luck!
References :

]]> By: polishedboneofthemoon http://www.sn-art.com/education/how-to-get-a-us-gov-grant-for-education/comment-page-1#comment-2029 polishedboneofthemoon Sat, 10 Jul 2010 21:31:18 +0000 http://www.sn-art.com/education/how-to-get-a-us-gov-grant-for-education#comment-2029 <b>How do I begin a grant for continued education to high school students to honor the memory of a loved one?</b><br>Is there a particular protocol to go about opening a college or continued education grant for a high school student going into a particular field to honor the memory of a loved one? Thank you! How do I begin a grant for continued education to high school students to honor the memory of a loved one?
Is there a particular protocol to go about opening a college or continued education grant for a high school student going into a particular field to honor the memory of a loved one? Thank you!

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