What is a grant and how does it work? – Non Government Business Grants

A grant, also known as an income support grant (ISGP), is a benefit provided to recipients of government grants and in-kind supports for research and education. The grant is paid in several forms, such as cash, in-kind goods and services, or in the form of scholarships, internships, fellowships, grants and student loans.

How can a researcher save money on a grant?

You have three different types of grants. The second type of grant is an income support grant as the name implies. In-kind contributions (e.g., food, accommodation, and transportation) are free from the Government of Canada and will be used to support your research. The third type of grant is an income support income support grant, which is paid to you if you are on a grant, depending on the type of grant. In-kind contributions usually cover only the cost of your research project. Your grant will then be paid out in a way that is tailored to your needs. As well, your support is in addition to any existing federal benefits or conditions, such as the Working for Canada program, or the Canada Student Loan programs. For details, see: Grants and Income Support Provisions

Why is Canada trying to change the way universities and colleges use their grant dollars?

The federal government wants to lower the cost of providing financial assistance to researchers. In 2012–13, the federal government announced that it would reduce the amount of money universities and colleges can spend on grants by 10% by 2012–13 to help make up for lost revenue because of an economic downturn. Since that time, the number of grants has been cut in half. It’s estimated that the federal government will have lost up to $6 billion between the end of 2011–12 and 2014–15.

The budget also made it easier for universities to request an ISGP. It requires that universities and colleges only send out a request if they do not have a specific need for the grant, because they are allowed to use the grant money in any way they see fit. The revised ISGP rules also allow universities to spend 100% of the grant money on student aid and other activities the federal government deems appropriate for the research.

Do I have to use my grants to pay for my research?

Federal Government Grants for Small Business: What You ...
No. Research needs are also taken into account when deciding which types of grant you can use.

What do I need to do to get a grant?

The first step is to apply for a grant

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