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Education - Finance and Expenses

Here you will learn some English words related to finance and expenses such as "tuition", "student loan", and "bursary".

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Words Related to Education
fee

the money that is paid to a professional or an organization for their services

[noun]
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Definition & Meaning of \"fee\"
tuition

an amount of money that one pays to receive an education, particularly in a university or college

[noun]
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cost of attendance

the total estimated expenses a student can expect to incur while attending an educational institution

[noun]
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student loan

a loan taken out by a student to help pay for educational expenses, usually with the requirement to repay the borrowed amount with interest after completing their studies

[noun]
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tuition assistance

financial support provided to help cover the cost of tuition for education or training

[noun]
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funding

the provision of financial resources or capital to support a project, organization, or activity

[noun]
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bursary

a financial grant or scholarship typically awarded to support a student's education

[noun]
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endowment

a financial contribution or asset given to support specific purposes, like education or charitable activities

[noun]
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grant

an amount of money given by the government or another organization for a specific purpose

[noun]
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school voucher

a government-funded certificate that parents can use to pay for tuition at a private or charter school

[noun]
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sponsor

a person or organization that provides someone with financial supports for their education

[noun]
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sponsorship

the act of supporting or financing an individual, group, event, or activity, typically in exchange for advertising, promotion, or recognition

[noun]
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scholarship

a sum of money given by an educational institution to someone with great ability in order to financially support their education

[noun]
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fellowship

a financial award or grant provided to support research, study, or professional development, often in academia or a specific field of study

[noun]
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Pell Grant

a federal financial aid program in the United States that assists eligible undergraduate students with financial need in covering college expenses

[noun]
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Definition & Meaning of \"Pell Grant\"
Federal Work-Study Program

a United States government initiative that provides part-time employment opportunities for eligible college students to help finance their education

[noun]
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Definition & Meaning of \"Federal Work-Study Program\"
Public Service Loan Forgiveness

a program in the United States that forgives remaining student loan balances after 120 qualifying payments for individuals working full-time in public service jobs

[noun]
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scholar

a person who is granted a scholarship or financial aid for their academic pursuits

[noun]
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Definition & Meaning of \"scholar\"
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