Understanding Government Loans and Grants
- Government loans are money borrowed from the federal government with interest.
- Government grants are typically not given to individuals for personal expenses.
- Government benefits help people with food, health care, housing, and more.
- Use the USAGov benefit finder to search for government benefits you might qualify for.
Preparing to Apply for a Government Loan
- Check eligibility requirements and application processes for federal loans.
- Learn more about federal loans on USA.gov.
- Gather required documents and information before starting the application process.
- Understand the different types of government loans available, such as education, housing, and business loans.
Choosing the Right Government Loan Program
- Research and compare different government loan programs to find the best fit for your needs.
- Consider factors such as interest rates, repayment terms, and eligibility requirements.
- Look for loan programs that align with your goals, such as education or business loans.
- Check the status of your loan application through the MySBA Loan Portal.
The Application Process
- Each federal loan program has its own eligibility requirements, application process, and deadlines.
- To apply for a federal loan, check the eligibility requirements and follow the application process.
- Deadlines for federal loan applications vary.
- Learn more about applying for federal loans on USA.gov.
Managing Your Application and Funding
- Use the MySBA Loan Portal to manage your loan application and funding.
- Existing borrowers can use the MySBA Loan Portal to make payments and view loan documents.
- The MySBA Loan Portal is available for SBA disaster loans only.
- Use the MySBA Loan Portal for easy loan management.
Getting Help and Avoiding Scams
- Be cautious of requests for personal information or money to get a grant or loan.
- Learn how to recognize, avoid, and report “free money” scams.
- Protect yourself from government scams on USA.gov.
- Contact the correct SBA help desk for faster service.
Additional Resources
- Learn more about government services on USA.gov.
- Ask a real person any government-related question for free.
- Get answers or find resources on government-related topics.
- Contact USA.gov for assistance.