Chief among the benefits of preschool grant money is that it is funding that is given freely and does not have to be repaid. This can allow many preschool programs to operate in situations where there would typically be barriers to their success. This is especially true of new programs that do not have an established source of funding such as an endowment.
Typical grant application processes involve varying amounts of customization of the program goals and methods. Granting organizations often have specific concepts and results they are promoting. Thus, the managers of preschool programs attempt to frame grant applications to match with what the granting organization is trying to achieve. The practical upshot of this is that preschool programs are better able to focus their program offerings in a way that achieves and records concrete outcomes.
Very few grants are given without the stipulation that the granting organization will receive feedback regarding the success of the program receiving the grant money. This feedback often comes in the form of a formal report on the criteria under which the money was initially granted. These reports can help preschool program managers to better understand how their programs work and what elements need to be modified to achieve greater success. These reports can also benefit other preschool programs by instructing them on the processes used and best practices.
Once a grant has been awarded to a preschool program, the program managers may find it much easier to obtain funding from other sources. Grant money can be leveraged to raise matching funds from private and public sources that would otherwise not consider such programs.