What does a 'letters of intent' signify in grant applications?

A 'letter of intent' in grant applications serves as a preliminary notice that an organization intends to submit a full proposal for funding. It is an initial communication between the applicant and the funding agency that indicates the applicant's interest in applying for a grant. By sending this letter, applicants often provide essential details about the project they are proposing, including the objectives, significance, and scope of the research or project to be undertaken.

This step is crucial for funding agencies as it helps them gauge the level of interest in their funding opportunities, plan for the review process, and allocate resources accordingly. It can also facilitate open communication between the applicant and the agency, potentially allowing for feedback on the proposal idea before the full application is submitted. Therefore, the letter of intent acts as a significant piece of the grant application process, signaling intent rather than showcasing completed plans or funding details.