Om sahana avavatu
Om help us together to (saha na) that which is happening in good manner (avavatu)
Help us together to that we are part of (sahanau) which we eat/enjoy with our bodies (bhunaktu) (in essence to say that which we consume with our bodies literally and figuratively)
saha viryam karaavavahai
Help (saha) to give us strength (viryam) to perform in order to (karaavavahai)
illuminate in us (Tejasvinau) that ignorance/darkness (adhitama) be it so that (astu)
from our (maa) study (vid) the enmity/poison that exists around us (vishaavahai)
Om Shantih Shantih Shantih
Om peace, peace, peace
Om…. help us together to that which is happening in good manner; help us together to that we are part of which we eat/enjoy with our bodies, help to give us strength to perform inorder to illuminate in us that darkness/ignorance from our studies, be it so that from the enmity/poison that exists around us. Om peace, peace, peace.
It is a beautiful prayer that is recited at the beginning of a study or before a spoken discourse.
Check out the internet with the many other meanings.
Notes: for the meaning in the above website I would like to point there are no words in the sloka for a teacher or student or lord or to be protected. One website writes ma visha, to mean let us never be poisoned, it is ma vid visha so knowing that it would not make sense to think of it that way. Nonetheless, the meanings from the all of the other websites though there are variations convey the over all meaning if that is all you care about. Since I am particular about what makes sense to me and how I understand things that is reading from left to right and taking a deeper look at the meaning to understand it and make sense of it in way it is meant to be understood in Sanskrit.