5 Questions
Entitlement grants are awarded on a competitive basis and applicants must submit applications for review and approval.
False
Block grants can only be used for a specific purpose within a specific functional field.
False
Formula grants employ a specific decision rule to determine the amount of money each jurisdiction will receive.
True
Capital grants are used for construction or innovation, such as building highways or bridges.
True
Revenue sharing grants allow the recipient government to use the funds in any way they choose.
True
Test your knowledge of different types of grants, including categorical grants, block grants, capital grants, and formula grants. Learn about the distinctions between these funding mechanisms and how they are used in various fields.
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