Avoid “free money” from the government scams | USAGov (2024)

FAQs

Avoid “free money” from the government scams | USAGov? ›

The government doesn't telephone people or send unsolicited letters or emails to offer grants. If someone contacts you unexpectedly and offers you a grant, it's a scam. Don't provide your financial account numbers, Social Security numbers, or other personal information in response to such an offer.

The government does not offer free money or grants to people for personal needs.

Just because the caller says he's from the “Federal Grants Administration” doesn't mean that he is. There is no such government agency. Take a moment to check the USA.gov site or the blue pages in your telephone directory to bear out your hunch—or not. Take control of the calls you receive.

Federal grants are usually awarded for specific programs, research or projects – most often to local governments, organizations, institutions and universities. Beware of any individual who promises a government award that can be spent on paying down tuition or credit card debt, or home electronics and décor.

You may have heard of forms of government assistance like small business grants and subsidized healthcare. But did you know that the government offers personal grants for individuals, too? If you meet eligibility requirements and you need the money for one of a set of approved expenses, you could be in luck.

To qualify, you: Cannot be claimed as a dependent on someone else's U.S. tax return. Must have a valid Social Security number. Must meet income limits in your 2021 tax return: up to $75,000 for single filers, $112,500 for heads of households and $150,000 for joint filers.

Bank rewards for new customers

Many banks offer rewards to new customers who open an account. These rewards are completely free and can range from a few pounds to much more significant sums of money. Often, banks require that new customers make a minimum deposit or meet certain other requirements to receive the reward.

Does grant money count as income? ›

Personal grants usually aren't taxable if you adhere to the conditions for receiving and using the money. For example, a grant for education is tax-free if you apply it to the intended expenses, such as tuition, books, and learning equipment.

In conclusion, the Home Care and Family Support Grant is a legitimate program that provides critical financial assistance to eligible families caring for elderly or disabled relatives at home.

The federal government provides grants for students attending college or career school. Most types of grants, unlike loans, are sources of financial aid that generally do not have to be repaid.

The Child Support Grant increased by R20 for the 2024 year, which means that from 1 April 2024, the grant is R530 per month (or R780, with the additional top-up of R250). The SRD (Social Relief Distress) Grant increased by R20 for the 2024 year, which means that from 1 April 2024, the grant is R370 per month.

The government does not offer free money or grants to people for personal needs.

Here's all you have to know about such scams:The US government is not in the business of handing out random grants. And they don't ever accept payment for them. You dealt with a scammer phishing for personal identifying information and as much money from you as you will let them steal to get your imaginary grant.

The CFDA is a Government-wide compendium of Federal programs, projects, services, and activities that provide assistance or benefits to a variety of recipients. The CFDA summarizes financial and nonfinancial assistance programs administered by departments and agencies of the Federal Government.

From 2009-2013, the federal American Reinvestment and Recovery Act (ARRA) legislation allocated nearly $7 billion for California's pre-Kindergarten through grade twelve public schools.