financial aid
nounUK /faɪˈnænʃəl eɪd/
US /faɪˈnænʃəl eɪd/
Money that helps someone pay for school or college.
She applied for financial aid so she could afford to go to college.
RELATED WORDS
OTHER MEANINGS
2. Help given to people who need money for basic needs.
The charity offers financial aid to families after a disaster.
3. Support in the form of money from a government or organization.
The government provides financial aid to small businesses.
4. A package of loans, grants, and work-study given by a school.
The university sent him a financial aid offer with his acceptance letter.