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- A grant-in-aid is a financial subsidy given by a central government to a local government or an individual or institution for a public purpose123. A grant-in-aid can be used to fund a project or program, such as the construction of a highway or school, or for research, educational, or cultural purposes13. A grant-in-aid is not a loan and does not need to be repaid3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.noun,plural grants-in-aid. a subsidy furnished by a central government to a local one to help finance a public project, as the construction of a highway or school. a financial subsidy given to an individual or institution for research, educational, or cultural purposes.www.dictionary.com/browse/grant-in-aidThe meaning of GRANT-IN-AID is a grant or subsidy for public funds paid by a central to a local government in aid of a public undertaking.www.merriam-webster.com/dictionary/grant-in-aidA federal grant in aid is federal money granted to a recipient to fund a project or program. Federal grants in aid are not loans and therefore require no repayment.www.investopedia.com/terms/g/grant-in-aid.asp
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