Sunday 23 September 2012

How to Select the Right Grants Database

Locating funding, or more specifically, grant money for your, or a near one’s, education, or to manage aninstitution or a non-profit organization is not an easy job. Finding all the relevant information about grants or grant-providing or funding agencies is quite a tough task to the best minds. Some people and institutions who really need such aid or funding are not even aware of the facility of funding being available, or where to look when faced with such a necessity. Finding information on grants can be through relevant newsletters, the  search engines on the internet or from a “Grants Database”. Most newsletters charge a small subscription fee and might be delivered periodically in your email or by post. One of the disadvantages of relying on newsletters is that the number of grants they can list might be limited and finding the right grant within this limited list for which you are eligible is a small probability.

The most useful thing about using grant search engines on the internet to find the right funding agency that would suit your needs is that it is free of cost. Sadly, the disadvantages heavily outweigh this advantage. You may have to run numerous searches and may still end up with incomplete information. A lot of the information thus found might be outdated or invalid and hence, useless. So, on the premise of time being equal to money, this method of finding the necessary information might work out to be the costliest. This leaves us with the third method mentioned, that is, using an efficient Grants Database to find all the information needed to zero in on a suitable funding agency.

The following are the points to keep in mind when selecting a Grants Database to subscribe to:

 A good Grants Database should provide a comprehensive list of all the types of grants available.
 The data provided should be updated on a regular basis.
 Live links should be provided to relevant websites from where subscribers can get all the necessary information about the grant.
The grant seeker can also look out for a Grants Database that includes eligibility criteria, contact names,telephone numbers, email addresses, etc. Some Grants Databases charge a subscription fee for the information they provide the users with. This small fee is justified by the comprehensive and relevant data that these databases provide to the user. Some databases do not charge any subscription amount from the users, but it is better to be aware of the possibility that the information provided might not be up to date.

Using an efficient and effective Grants Database does seem the best method to look for your college scholarship and grants for your various institutional or individual needs. Once you have zeroed in on the right Grants Database, you can make better use of your time in applying for grants than in looking for them.

If you are looking for an efficient and effective Grants Database please check the website
http://www.grantvine.net


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