Financial Aid
/ˈfaɪnænʃəl eɪd/
Definitions
- (n.) Monetary assistance provided by governments, institutions, or organizations to individuals to help cover educational expenses, often regulated by statutes and eligibility criteria.
The student applied for financial aid to afford tuition fees.
- (n.) Support in the form of grants, loans, scholarships, or work-study opportunities disbursed under legal frameworks governing educational funding.
Legal requirements stipulate how financial aid must be administered to ensure fairness.
Forms
- financial aid
Related terms
See also
Commentary
Financial aid in legal contexts usually involves compliance with regulatory provisions that govern eligibility, distribution, and accountability of funds for education.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.