Definition of «financial assistance»

Financial assistance refers to any form of help or support provided to individuals, organizations or businesses in order to meet their financial needs. This can take many forms such as grants, loans, scholarships, subsidies, tax credits and other types of aid that provide funding for various purposes including education, housing, healthcare, food assistance, disaster relief, small business development, job training or economic development initiatives. Financial assistance can be provided by government agencies, non-profit organizations, private foundations, corporations or individuals. The goal of financial assistance is to provide support and resources that help people overcome their financial challenges and improve their quality of life.

Sentences with «financial assistance»

  • We support local certified teachers by providing financial assistance for them to complete specialized trainings so that they may serve with even more skill and self knowledge. (cultivateunion.co)
  • These lenders understand that folks with poor credit need financial assistance from time to time. (badcreditloanservices.com)
  • One comes from a poor family and knows with 100 % certainty that she wouldn't be able to get any sort of financial assistance from friends or family if she lost her job. (obliviousinvestor.com)
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