state aid

American  

noun

1. financial support extended by a state government to a local institution serving the public, as a school or library.

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Etymology

Origin of state aid

An Americanism dating back to 1855–60

Example Sentences

My former colleague Kaitlyn Huamani reported that in 2024, scammers stole roughly $8.4 million in federal financial aid and more than $2.7 million in state aid from our community colleges.

From Los Angeles Times

In California, where community colleges have faced an onslaught of fake applications that steal federal and state aid dollars, administrators are using AI to tackle fraud.

From Los Angeles Times

Last year, the state’s community colleges had 1.2 million fake applicants, leading to roughly $8.4 million and more than $2.7 million in stolen federal and state aid, respectively.

From Los Angeles Times

The International Monetary Fund has estimated that state aid, such as cash subsidies, tax breaks and cheap credit to businesses, has reduced China’s overall GDP by as much as 2%, and cost around $800 billion in 2023 based on exchange rates at the time.

From The Wall Street Journal

But unlike previous years, where state aid budgets, grants and other forms of concessional finance dominated negotiations, talks at this year’s conference headed in a new direction.

From The Wall Street Journal