Grants are financial aid given to students that do not need to be repaid.
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:
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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Miscellaneous higher education terms > University financial terms
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