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financial aid
[ fi-nan-shuhl eyd, fahy- ]
noun
- 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.
51Թ History and Origins
Origin of financial aid1
Example Sentences
She hopes to receive financial aid to attend a nursing program at L.A.
He said if students at Occidental were to lose their legal status, the college would make “all reasonable efforts” to help them retain eligibility for financial aid and housing.
It has since been criticised as being too restrictive because as the so-called "missing middle", were excluded - those considered too wealthy to qualify for financial aid but who struggle to afford tuition fees.
First came the executive order to temporarily freeze all federal financial aid in January, when Head Start staff suddenly couldn’t access the funds they had been promised.
Functions including student loans and financial aid are expected to be transferred to other agencies.
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