grant
n. countablen. an amount of money given by a government or organization for a specific purpose, like education or research. Unlike a loan, you do not usually have to pay this money back.
n. a sum of money provided by a government, trust, or other body for a particular undertaking. Often awarded through a competitive application process for academic, artistic, or charitable projects.
She received a grant to study biology abroad.
The local community center applied for a government grant to repair the leaking roof and install solar panels.
Securing a research grant requires a meticulous proposal that demonstrates both the project's feasibility and its potential contribution to the existing body of scientific knowledge.
From Scottish Gaelic Grannd, from Anglo-Norman graunt (“big, large”), from Old French grant, from Latin grandis. Doublet of grand. The dollar-bill sense is from the portrait of Ulysses S. Grant featured on it.
Commonly paired with the verbs 'apply for', 'award', or 'receive'.