financial aid

[ fi-nan-shuhl eyd, fahy- ]

noun

1. monetary support, as a loan or scholarship, that is used to pay for school, especially higher education:

   I don’t qualify for need-based financial aid, so I’ll have to hope I’m awarded a merit-based grant.

Word History and Origins

Origin of financial aid¹

First recorded in 1770–80, for an earlier sense

Example Sentences

Today, Germany is the largest donor of military and financial aid to Ukraine after the US, and mainstream politicians from across the political spectrum, as well as most voters, favour supporting Ukraine.

From BBC

The planned enrollment increase will cost nearly $63 million, and financial aid for the new students and other tuition adjustments more than $100 million.

From Los Angeles Times

Trump’s presidential term could bring sweeping changes to financial aid, impact UC research funding and eliminate protections for LGBTQ+ and undocumented students.

From Los Angeles Times

Folt said she was proud of her work to expand programs in computing, health sciences, athletics, financial aid and student well-being.

From Los Angeles Times

Trump and conservative allies could reduce federal financial aid, privatize student loans and end student loan forgiveness.

From Los Angeles Times

Related Words

• aid
• allowance
• appropriation
• assistance
• bonus
• contribution
• endowment
• gift
• grant
• payment
• pension
• premium
• scholarship
• support