What Are the 4 Basic Types of Financial Aid?

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The four basic types of financial aid include student loans, scholarships, grants and tuition reimbursements. Find out if a current employer offers tuition reimbursement with help from a financial aid officer in this free video on student financial aid and loans.

Part of the Video Series: Student Financial Aid
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Video Transcript

Hi my name is Brooke Kramer and I'm the financial aid officer at Argosy University and today we are talking about the four different types of financial aid available to students. Now the four basic types are student loans, scholarships, grants, and tuition reimbursement and the first step in order to see if you qualify for any of these is to first complete your free application for Federal Student Aid which you can find at www.fafsa.ed.gov. Once you complete this application a financial aid officer like myself can let you know what you need to do or what you even qualify and what you need to do to in order to qualify for student loans. Now with tuition reimbursement that is where you are going to see if your current employer offers some kind of reimbursement for your tuition and fees. If you currently do not have an employer who offers tuition reimbursement you can then start looking for another job to see if there are other employers out there who offer tuition reimbursement. You can even find a job at a local campus. Usually if you get a job at a school they usually pay for your tuition. If you have any other questions please feel free to check out our website at www.argosy.edu.

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