How Does Financial Aid Work?

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Financial aid works by people completing the FAFSA and providing copies of tax returns to determine how much aid they can receive. Visit the Department of Education Web site for information on financial aid with help from a financial aid officer in this free video on financial aid and student loans.

Part of the Video Series: Financial Aid
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Video Transcript

Hi, my name is Brook Kramer, and I'm the financial aid officer at Argosy University in Salt Lake City, and today we're talking about how does financial aid work, and it is very simple. Pretty much the very first thing you're going to want to do when you are inquiring about financial aid is to complete the Free Application for Federal Student Aid. All universities and schools do require that this is completed before they can decide whether or not you will qualify for federal aid, and you can find this at Now when you complete the application, you are going to want copies of your most recent tax forms, along with your parents if you are a dependent student. If you have any other questions regarding how to complete the FAFSA, you can go to their website, again, at, or you can also visit the Department of Education website, where they have a lot of questions that they can answer for you. If you have any other questions, please feel free to check out our website at


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