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Language Foundation

award amount

The award amount is the sum of money provided by a particular scholarship, grant, loan, or other educational financial aid award.

In plain English

This is the money linked to one specific financial aid award. It shows how much that scholarship, grant, loan, or similar education aid provides.

In context

Here, "award amount" labels the amount of money shown for that specific financial aid award.

Situation
Applying for admission, scholarships, financial aid, and following decision status
What it communicates
labels the value shown for the award

Meaning limits

By itself, this term does not identify the kind of aid award, only the monetary sum attached to one award.

Examples

“Her tuition grant had a smaller award amount than her housing scholarship.”

Core meaning

“After spotting a missing zero, the coordinator corrected the award amount on the grant letter.”

In context

  • sum of money Broader Term

    An award amount is one kind of sum of money.

  • award type Contrast

    Award type identifies the kind of aid award, while award amount identifies the money attached to one award.