Ways to get free money from the government
They say that nothing in life is free. But if I tell you, we know 18 government projects, are you really, can you get free money (or services)? If you are like me, I may arouse your interest.
Here are some ways you can get your money, which is justified. We also include asking for help and funding when you need it most.
1. Find unclaimed money
Ok, completely open: This is not really a way to find "free" money. However, it can help you collect funds that you don't even know you are missing.
Just visit unclaimed.org and enter your information to find out if you have money to wait for it to be returned to you. The National Treasury Association has created this website to link consumers to forgotten funds. This includes insurance compensation, apartment deposits, forgotten savings bonds, old utility payments or deposits, or paychecks that you have never cashed.
You can search for details such as your full name and address. Or you can even just browse the results of the last name. (I found some unclaimed medical insurance claims, for a total of $400!)
2. Looking for unclaimed pension funds
There is one that is not really free, but you already have resources. If you leave a company because of an acquisition, merger or layoff, you may be too focused on your next career change and forget about the pension fund. Fortunately, the Pension Benefits Corporation (PBGC) can help you reconnect this forgotten money.
Visit pbgc.gov to check your name and information against the database. Currently, there are nearly 73,000 people on their unclaimed pension list. So you are likely to find some money you forgot!
3. Get a down payment help
One of the biggest obstacles to buying a new home may be the down payment required. Fortunately, the government is willing to help when needed.
Each state has its own funded down payment plan with unique requirements and benefits. To view country-funded projects in your area, visit the FHA Prepaid Authorization page and search for your state.
For example, Texas offers a statewide program that can pay down payment and closing costs up to 5% of the total mortgage price. They also offer a mountain-specific project for Travis County if you want to live in the heart of Texas.
4. Apply for an education grant
The university is very expensive. we all know. In fact, in the 2017-18 school year, the average tuition fee for private universities is close to $35,000, and the average tuition fee for state universities is slightly less than $10,000. Ouch.
If you want to continue your education, but can not afford high tuition, accommodation, room and board, books, etc., an education grant may be a good choice. The best and most widely available source of funding is the government's federal Pell grant. This award is as high as $5,920 per year (2017-18 school year) for students who are eligible for their needs. And there is no need to repay (unlike a student loan).
In order to qualify, you will need to complete a Federal Food Safety Authority. You can view all the details of Pell Grant on ed.gov.
In addition, there are hundreds of excellent bursaries depending on the student's interests, majors or occupations, and even the local area. I was surprised to find that some organizations even provide scholarships to left-handers!
Of course, you should first fight for the government's Pell grant. However, then fill in as many grant applications as you can from other organizations and companies. A good place to find them is the University Grants Database.
5. Get childcare expenses assistance
It is expensive to pay child care. For the families in the Washington area where I live, the average annual cost is $22,658. This is ridiculous, and frankly, for many families, this is impossible.
If you are employed and seek help with childcare costs, the government has a program to help you. The US Department of Health and Human Services provides assistance in the form of a Child Care and Development Fund, which has state and region-specific grants to help pay for childcare (usually for children aged 13 or under).
To find financing options in your area, visit the CCDF website.
6. Receiving medical credits
In addition to the confusion and frustration brought about by health care in this country, we can also cope with the skyrocketing costs. This may make it difficult or even impossible for some people to pay for much-needed premiums, especially if monthly prices continue to rise.
If you purchase insurance through the health care market and meet certain income eligibility requirements, you can get government assistance in the form of a tax credit. You can also choose this letter of credit. You can take an equal distribution, allowing you to reduce (or cancel) monthly premium payments, or you can "save" to the end of the year.