Grant Awards refer to financial assistance given by a funding agency or organization, usually in the form of money, to support a particular project, program, or research. These grants are awarded based on specific criteria and requirements set forth by the grantor, such as meeting certain goals, fulfilling specific needs, or demonstrating potential impact. The recipient is expected to use the funds for their intended purpose and may be required to provide periodic reports on the progress of the project or program. Grant awards can come from various sources including government agencies, private foundations, corporations, or individuals, and are often competitive in nature with many applicants vying for a limited number of available grants.