About Student Financial Accounts

Series Summary

Like all debt instruments, a loan involves the redistribution of financial assets over time between the lender and the borrower. The borrower initially receives an amount of money from the lender, which they pay back in regular installments to the lender. This service is generally provided at a cost, referred to as interest on the debt. Acting as a provider of loans is one of the principal tasks for financial institutions. In this free video series, a financial aid officer provides information on how student financial aid works and how financial aid can be used to pay for schooling. Learn about student financial accounts, off-campus housing and getting out of financial aid academic probation. Find out how to solve financial aid problems, what questions to ask professionals and how to manage accounts. Discover how take care of financial aid for college with tips in these free videos.

Video Transcript

"Hi, I'm Brooke Kramer. I'm a financial aid officer at Argosy University, and today, we are talking about student accounts, and managing your account, so the best thing to do when you are managing your student account, is to keep a file of everything, that is, the cost of your classes, your loans any payments you do out of pocket. Anything like that, you're going to want to keep all together. You can also keep track of your tuition and fees, by going online to your university, and seeing how much the program costs. You can also create your own spreadsheet, using an Excel format. There are Excel formats that are made specifically for students keeping track of their accounts, and you can just enter this in each semester, and that way you know how much you're paying total, for your classes. If you have any other questions on how to manage your student account, you can go to www.argosy.edu, and look up Argosy University, Salt Lake City."