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<strong>Institutional aid</strong> – Financial aid programs created, funded, and administered by any given postsecondary institution.
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industrial training grant (I2, J2)<br />A payment made by central government or by a fund financed by the firms of an industry to pay for vocational training. Without such grants it would be difficult for many small firms to finance adequate training and there would be a tendency for firms undertaking little training to attempt to acquire trained workers by paying above-market wage rates. In a period of great technological change, industrial training has become central to the survival and successful future of many firms.<br /><em>See also:</em> general training
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