What Is the Purpose of Financial Aid?

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The purpose of financial aid is to help students find funding to go to school, usually for undergraduate, graduate or doctorate programs. Find out what types of financial aid are available from the Department of Education 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 Brooke Kramer. And I'm a Financial Aid Officer at Argosy University in Salt Lake City. And today I'm going to answer for you. What is the purpose of Financial Aid? The purpose is to help students find funding to go to school. And this is usually for the under graduate programs, graduate programs, doctoral programs. As well as health care professionals. You can find out, what types of financial aid is available. By going to the Department Of Education website. Where they have a listing of all types of aid available to students. But there are four common ones available to you. Those are student loans, student scholarships, grants. As well as work study. You can see, what types of aids you qualify for. By going to the Fafsa website where you will complete the free application for Federal Student Aid. This application is required to find out, what you would be awarded for, in Federal loans. And in grants. If you have any other questions. Please feel free to check out our website at www.Argosy.edu.

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