Doctor away in South America raised grants (7)
I believe the answer is:
affords
'grants' is the definition.
(I've seen this in another clue)
'doctor away in south america raised' is the wordplay.
'doctor' becomes 'Dr' (abbreviation).
'away' becomes 'off' (synonyms).
'in' indicates putting letters inside.
'south america' becomes 'SA' (abbreviation).
'raised' is a reversal indicator (going up in a down clue).
'dr'+'off'='droff'
'droff' inserted within 'sa' is 'sdroffa'.
'sdroffa' written backwards gives 'AFFORDS'.
(Another definition for affords that I've seen is " Gives".)