FREQUENTLY ASKED QUESTIONS

DOES THE GRANT EXPIRE: No grants do not expire once you receive it.

CAN I APPLY FOR SOMEONE: No.

CAN YOU APPLY MORE THAN ONCE: No. Once you receive a grant, you are not eligible before 3 years.

IS THERE AN APPLICATION PROCESS: Yes, all applications open on June 18. List will get first dibs.

DO I HAVE TO USE IT FOR A BUSINESS: Yes. No exceptions.

I AM A FULL TIME STUDENT, CAN I APPLY: Yes. Part time students and minorities are also encouraged to apply.

HOW OFTEN IS THE GRANT AVAILABLE: The Business Grant applications will open once in June 2018. After, 2x a year starting again in January 2019. Each recipient is only eligible one time.

WHO IS THE GRANT FOR:  Single mom students, single mom aspiring entrepreneurs, single moms business owners.

HOW LONG DOES THE PROCESS TAKE: Once an application is submitted it can take 3-5 days for approval or denial.

IS EVERYONE APPROVED: No, everyone will not be approved. Please see GRANT: SMU MOMPRENEUR BUSINESS GRANT for qualifying factors.

HOW ARE FUNDS RECEIVED: Once approved, money is received via Paypal.

ARE THE GRANTS FOR SERVICE BASED OR PRODUCT BASED BUSINESSES: Both.

CAN I JUST APPLY AND GET IT? No, we have made some changes to the grant. One being that all applicants must commit to raising 30% of their projected business start up cost.