Debt Relief Government Grants Information - Structure Of Federal Governments Grants

May 28, 2010 - PRLog -- This is a safe and reliable source to receive up to date listings and applicable information for each resource for consumer use.

Aurora Lillo Editor of the "Government Grants For Debt Relief" website -- http://www.GovernmentGrantsForDebtRelief.org -- pointed out;


“...Many individuals are facing difficult economic times and are turning to programs offered by the government to receive any share of financial assistance. It has been advertised that personal debt can be eliminated with government grant money which is not accurate reporting. Grants, subsidies, tax credits, and rebates are being offered to eligible citizens but there is not a program to eliminate any type of personal debt...”

Eligibility for each program is based on different qualifying factors. Most programs are income based with the exception of many of the student loan forgiveness opportunities. Medical coverage, senior aid, housing, and mortgage modification adjustments are based on need and income. The number of family members is another determining factor for federal grant eligibility. WIC is focused on affording infants and toddlers with healthy eating choices. Reverse mortgages target providing supplemental income for senior homeowners and is based on the property's value and the age of the borrowers.

“...Consumers may direct their questions to the U.S. Federal Grant website and gain further clarification for potential applications. Government sponsored grants are available through the online source and can be conveniently accessed any time of the day or night...” added A. Lillo.

Further information about debt relief government grants by visiting: http://www.GovernmentGrantsForDebtRelief.org