Definition of gift aid in English:

gift aid

Syllabification: gift aid

noun

  • 1US Financial aid that does not require repayment, such as student grants and scholarships: there are four types of federal grants that could help you pay for college, all of which fall under the umbrella of gift aid
    More example sentences
    • Students and families must understand the difference between "gift aid" (scholarships and grants) and "self-help aid" (work-study programs and loans requiring repayment).
    • "When it comes to gift aid, it is critical for students and families to understand any requirements that must be met to remain eligible for these funds."
    • Gift aid equals all scholarships and grants both merit and need based, and from federal, state and institutional sources.
  • 2 (Gift Aid) British A program enabling registered charities to reclaim tax on a donation made by a UK taxpayer, effectively increasing the amount of the donation: using Gift Aid means that the taxman will add 28p to every pound you give [as modifier]: Gift Aid donations
    More example sentences
    • Gift Aid works by your chosen charity reclaiming basic rate tax on your gift from the Inland Revenue.
    • Gift Aid donations from taxpayers attract basic-rate tax relief at 22% at the very least.
    • She said: "People should remember that taxpayers can do Gift Aid."

verb

[with object] (usually gift-aid) British Back to top  
  • Make (a donation) to a registered charity under the Gift Aid program: he gift-aided the money—which added quite a lot to the total
    More example sentences
    • Charities get an extra 28p for every pound that is gift-aided.
    • All donations to the appeal can be Gift-Aided, allowing us to claim 28p from the Inland Revenue for every pound donated.
    • The Diocese of Leeds is hoping to pay for the work to St Anne's by asking parishioners to pledge a £20 donation, gift-aided for five years.

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