Quick Answer: What Is The Meaning Of Financial Assistance?

What is the meaning of financial?

Financial means relating to or involving money.

the government’s financial advisers.

Synonyms: economic, business, money, budgeting More Synonyms of financial.

financially adverb [ADVERB adjective/-ed, ADVERB after verb] She would like to be more financially independent..

What does financial status mean?

Financial status means the level of income into which applicants are categorized for purposes of determining the extent of their eligibility to receive financial assistance. Sample 2.

What is another word for assistance?

What is another word for assistance?aidhelpsupportabetmentabettancebackingcooperationencouragementhandrelief147 more rows

What are the 5 types of financial statements?

A complete set of financial statements is made up of five components: an Income Statement, a Statement of Changes in Equity, a Balance Sheet, a Statement of Cash Flows, and Notes to Financial Statements.

What budget means?

A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. Budgets can be made for a person, a group of people, a business, a government, or just about anything else that makes and spends money.

Does edX give free certificates?

edX courses do not award free certificates. Certificates are awarded only to passing students registered in the paid certificate track. … edX introduced a financial assistance program to help learners who demonstrate financial need to earn verified certificates at a reduced cost.

What are the financial functions?

Financial functions calculate financial information, such as net present value and payments. For example, you can calculate the monthly payments required to buy a car at a certain loan rate using the PMT function.

What is the meaning of assistance?

: the act of helping or assisting someone or the help supplied : aid financial and technical assistance Can I be of any assistance? [=can I help you?]

What is meant by a financial benefit?

financial benefit means any pecuniary or material benefit including but not limited to any money, stock, security, service, license, permit, contract, authorization, loan, travel, entertainment, discount not available to the general public, real or personal property, or anything of value.

What are the main functions of financial management?

The functions of Financial Manager are discussed below:Estimating the Amount of Capital Required: … Determining Capital Structure: … Choice of Sources of Funds: … Procurement of Funds: … Utilisation of Funds: … Disposal of Profits or Surplus: … Management of Cash: … Financial Control:

How do I check my financial status?

5 Simple Steps To Evaluate Your Financial HealthDetermine your net worth, and see which way it’s trending.Calculate your debt-to-income ratio (and try not to scream)Evaluate your housing situation.Find out where your money is going (and if you’re spending more than you should)Make sure your investment strategy is aligned with your situation.More items…•

What are the business benefits?

A business benefit is a tangible outcome of an action or decision that helps meet business objectives. That definition serves well for many business planning, decision support, and other analysis needs….Financial Benefits and Non-Financial BenefitsCustomer satisfaction.Employee engagement.Risk reduction.Safety.

What are the 3 types of financial management decisions?

There are three decisions that financial managers have to take: Investment Decision. Financing Decision and. Dividend Decision.

How do you use assistance?

Used with prepositions: “She changed her tire with assistance.” “There was assistance for the hurricane victims.” “They received assistance from their families.” “I need assistance in figuring out this math problem.”

How do you use assistance in a sentence?

Assistance in a Sentence 🔉The doctor called for assistance and the nurse came running. … You shouldn’t need assistance with the project, but the teacher will help if needed. … The salesman offered his assistance but we told him we were just browsing.More items…

Which is better edX or Coursera?

What are the most significant differences between Coursera and edX? Topics: Both platforms offer a diverse range of subjects. However, Coursera focuses more on professional training, for example computer science and business degrees. EdX offers numerous courses in the humanities and the natural sciences.

How do I apply for financial aid for EDX?

How do I apply for financial assistance?Step 1: Enroll in your desired course. To apply for financial assistance in a single course, enroll in the course as an audit learner, and then complete the financial assistance application. … Step 2: Complete the Financial Assistance application. … Step 3: Wait for the application decision.

What are the 4 types of financial statements?

There are four main financial statements. They are: (1) balance sheets; (2) income statements; (3) cash flow statements; and (4) statements of shareholders’ equity. Balance sheets show what a company owns and what it owes at a fixed point in time.

What is a pecuniary?

adjective. of or relating to money: pecuniary difficulties. consisting of or given or exacted in money or monetary payments: pecuniary tributes. (of a crime, violation, etc.) involving a money penalty or fine.

What are the three main functions of financial management?

The Financial Management can be broken down in to three major decisions or functions of finance. They are: (i) the investment decision, (ii) the financing decision and (iii) the dividend policy decision.

Why do you need financial assistance?

The purpose of Financial Aid is to ensure that each student has sufficient resources to enable them to attend college. We provide grants, fee waivers, scholarships, loans, and federal work-study.