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

His planned 2026 budget was due to include vital financial aid to the territory after heavy damage caused by riots last year.

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He was ecstatic when he got his Mount SAC financial aid letter and saw that state grants and fee waivers would cover the entire cost of his nursing program aside from books.

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Ms Javice was convicted for using falsified user-base data to make the customer list for her student financial aid company, called Frank, appear far larger than it actually was.

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The California Student Aid Commission reported in June that financial aid applications for mixed immigration status and undocumented high school seniors were down in the 2025-26 cycle.

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York & North Yorkshire's Labour mayor David Skaith said he had been told financial aid had been confirmed.

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Related Words

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