Grants

Short Definition

Grants are financial aid given to students that do not need to be repaid.

In-depth Overview

Grants

Long definition: Grants in the context of higher education refer to financial assistance provided to students or researchers by educational institutions, government agencies, private foundations or other organizations. Unlike loans, grants are typically awarded based on financial need, academic merit or research proposals and do not require repayment. They are designed to support the cost of education, research projects or specific academic endeavors.

Etymology: The term "grant" comes from the Old French word "graunter", meaning "to agree or consent". In the context of financial aid, it implies the act of bestowing or providing funds for a specific purpose.

Synonyms or related academic terms: Scholarships, Fellowships, Financial Aid, Awards.

Examples of Use:

• She received a grant from the university to fund her research on environmental conservation.
• Many students rely on grants to cover tuition and living expenses during their studies.
• The government offers grants to support scientific innovation and technology development.

Translations:
Spanish: Subvenciones
French: Subventions
German: Stipendien
Italian: Contributi
Portuguese: Bolsas
Japanese: 助成金 (Joseiken)
Chinese (Simplified): 赠款 (Zèngkuǎn)
Hindi: अनुदान (Anudān)

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Wikipedia Article

Grants

unirank Glossary Classification

Miscellaneous higher education terms > University financial terms