Top Definition
WelHAHAfare is the student form of welfare, except one drastic difference, you have to pay it back...with interest... after you graduate.

Or better known, as Financial Aid.
Ex 1
Q: Have you gotten your welHAHAfare yet?

A:No, the term hasn't started yet, I don't get mine for two more weeks!

Ex 2
Graduating sucks, now I have to start paying the interest rates of my welHAHAfare
by slophole October 12, 2010

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