Grants for Personal Debt – Getting Control of Your Finances

debtIt is not uncommon for Americans to have acquired a large amount of debt during the past economic downturn. The high rate of unemployment has left people with no choice but to rack up high credit card debt. In some cases they have had to turn to loans from family members. Unfortunately it is very difficult to pay money back if you are unemployed or are not making enough money at the job you do have. Many people are looking for grants for personal debt repayment.

The government does not give away grants to pay off personal debt. However, there are still numerous grants that can help you. Think about the money you spend every month on health costs and electricity. If you find money to pay for these expenses it can free up money to assist you in handling debt. is the best place to begin. It is run by the federal government and has information about assistance programs.

Health Grants

An option for individuals in search of grants for personal debt is to find health grants to help with expenses. There may not be grants to pay off personal debt but there is plenty of help available for health needs.

Denali KidCare

The state of Alaska runs the Denali KidCare program. It provides health insurance for children in Alaska up to the age of 18. It is also open to pregnant women. You cannot apply if you qualify for any other health insurance. You may be responsible for premiums depending on your income.


Managing Agency Minnesota

Children and some adults in need of comprehensive health care coverage can apply for the MinnesotaCare program It pays for doctor visits, immunizations, hospitalization, prescriptions, eye exams, eye glasses, dental care and more. Premiums are based on income guidelines.

TexCare Children’s Health Insurance Program (SCHIP)

Managing Agency Texas Families who cannot afford health insurance premiums yet do not qualify for Medicare can apply for the The TexCare Children’s Health Insurance Program (CHIP). Some families will be responsible for paying a premium which is based on income guidelines.

Utility Assistance

If you are searching for grants for personal debt you may want to consider finding help with utility payments. There are various programs available.

State Programs

Each state has its own funding program to help with energy costs. Here is a sample of some of the options:

District of Columbia Low Income Home Energy Assistance Program

Managing Agency District of Columbia

Health & Human Services (HHS) funds the Low Income Home Energy Assistance Program (LIHEAP) which provides emergency help with fuel oil. It is based on financial need determined by the household income, size, and fuel type. The goal is to stop disconnection. LIHEAP also helps in the summer by giving away fans to cool homes. In the winter they give away blankets and heaters.

Alabama Family Assistance

Managing Agency Alabama

If your family has a dependent under 18 you may qualify for The Family Assistance Program. It temporarily helps low-income families with a variety of benefits, including energy assistance. A list of benefits can be found at .

Alaska Temporary Assistance Program

Managing Agency Alaska

Work services and cash assistance for low-income families is available through the Alaska Temporary Assistance Program (ATAP).  The goal of the program is to help families become self-sufficient. It is funded under the Federal Temporary Assistance for Needy Families (TANF) block grant.

Arizona Cash Assistance Program

Managing Agency Arizona

Temporary cash assistance payments are provided through the Electronic Benefit Transfer (EBT) EDGE System as part of the Arizona Cash Assistance Program. It is open to residents of Arizona who meet income guidelines.

Additional Energy Programs

Other programs that can assist individuals looking for grants for personal debt are energy programs. Reducing energy expenses will help you to save money to repay debt.

Energy Efficient Mortgage Insurance

Get loans to pay for energy saving features from the Federal Housing Administration (FHA) when purchasing a home with FHA assistance. Lower utility payments will free up some of your monthly budget. You can find more details at the website.

Bureau of Indian Affairs (BIA) Financial Assistance and Social Services

Managing Agency U.S. Department of the Interior

The BIA Financial Assistance and Social Services program provides general cash assistance to recognized American Indians and Alaska Native tribe members. Funds are to be used for clothing, food, utilities, and shelter as part of an Individual Self Sufficiency Plan (ISP) to meet the goal of employment.

Misc. Programs

In addition to health and utility assistance there are other programs to reduce expenses for when you are in search of grants for personal debt.

Low-Income Taxpayer Clinic

If you are a low-income household then don’t spend money you can’t afford in order to file your taxes. The Low Income Taxpayer Clinic (LITC) can help low-income filers who meet certain guidelines. They can also represent you in an audit or tax dispute.

Credit Counseling

If you still need help handling debt then there are agencies that can help you come up with a plan. Credit counselors will sit down with you and see where you can cut expenses. They will help you devise a reasonable budget. If you have a lot of credit card debt then they can work with the credit card companies to reduce it or to spread it over time. Be careful because not all agencies are honest. You want a non-profit agency. Contact the National Foundation for Credit Counseling.


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