The
cost grant writers charge to write grants can be as varied as the cost
of writing an insurance policy. Cost on the internet can range from a
few hundred dollars to several thousands of dollars for the same
services. So how do you know that you are getting a fair price for your
services.
Many first time clients pay too much for grant writing
services. This is partly because they are too desperate for the extra
"free" money. There is an expectation that if they give a few thousand
dollars to a grant writer that they will receive ten or a hundred times
their investment in return; and probably the more money they pay the
grant writer the more money they will receive in the grant award. The
fact is that there is no guarantee that a grant application will be
funded, regardless of how much the grant writer is paid.
One of
the application characteristics looked at closely by funders is the
financial stability of the applicant organization. If the applicant has a
weak, or non-existing, financial statement many funders will consider
this application to be a financial risk. Ironically, most grant funding
does not go to start-up or struggling businesses. Most grant funding
goes to well-established business with a track record of success in
programs and fiscal management. It is a weak rational to request grant
money to help pay your bills because you are not able to generate enough
income on your own to do so.
Another critical issue is when the
grant writer charges their fees based on a percentage of the amount of
the grant. The practice of charging a percentage or commission on the
grant award is an unethical practice in all cases, and illegal in some
applications. In addition, this is an unethical practice throughout all
of fund raising.
The cost to write a grant proposal or application
as well as research for funders should be based on an hourly rate times
the estimated hours to complete the work. Many grant writers will
convert this into a flat fee which is both legal and often an advantage
to the applicant.
There are no fees to submit a grant application.
Submitting a grant does not require personal debts or taxes to be paid,
nor should there be any other backend fees or business debts that are
required to be paid. If a grant writer request any additional fees for
these or similar purpose it should raise a red flag and you should look
elsewhere.
Understand that most of the time spent working on a
grant applications and proposals is in reading the instructions and
reviewing the instructions in regards to the application content. The
actual writing time is a small portion of the overall preparation time.
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