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Does University of Phoenix offer financial aid?
Posted by Caitlin on April 10th, 2009
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The following post in our Reader Question series is an actual user submitted question. To maintain the integrity of the original question, we do not edit or change reader questions in any way.
Q: Does University of Phoenix offer financial aid? If so, what are the requirements to apply for financial aid?
A: University of Phoenix has several financial aid options available for students. If you are unable to pay your tuition partially or in full, you need to find a primary source of financial aid to cover the balance. If you cannot find a single source to cover the balance, you will need to find multiple sources of financial aid.
If your employer is willing to reimburse you for educational expenses, the University of Phoenix will defer your payments for 60 days from the beginning of your courses. Some companies allow direct billing, which means that you can send your tuition invoice directly to your employer.
If you have served in the military, the University of Phoenix will accept Military Tuition Assistance funds. You will have to consult directly with the University of Phoenix's financial aid department in order to utilize these benefits.
Student loans are another option to consider.You should contact the financial aid department directly regarding private loans, which will vary depending on your major and location.
The University of Phoenix also offers scholarships. You can browse scholarship options at the University of Phoenix alumni association website.
Federal financial aid is limited and is contingent upon your degree or certificate program. If you have been accepted to a degree or certificate program, you may be eligible for the Federal Pell, Academic Competitiveness, National SMART and SEOG Grant Programs, the Federal Family Educational Loan Programs (Stafford subsidized, Stafford unsubsidized and PLUS Loans) and/or the Federal Perkins Loan Programs.
It is also possible to defer tuition payment for the duration one school term but after this time, the deferment must be renewed and you must meet certain requirements.
Financial aid can be revoked at any time if you do not meet a minimum enrollment or GPA requirement. You can learn more about financial aid options by contacting the University of Phoenix financial aid department when you request information or apply.
For more information about University of Phoenix or other online universities, see our reviews and comparison chart.
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2 Responses to “Does University of Phoenix offer financial aid?”
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August 21st, 2009 at 4:54 pm
I attended and graduated(luckly) with University of Phoenix and I hated that school. It was great during oreintation..but they do not fully explain anything to you.They just want new students for money. The tuition goes up every year,every year.They advisors, financial aid etc will not call you back after you are apart of UoP. They have no time for you they are looking for new students and those are the ones they have time for. They always taking days off and never in the office. You can leave a message and email and tehy will not call you back. They instructors will not offer you any advice to help yourself get further or if you are failing the class.When you attend the Masters program they do not expalin anything that graduate students need to know. They do not have catalogs for code of ethics for you to hands on to read nor do they tell you about it, if anything is not going right the first thing they say is you should have read the student hand book. What hand book? You did not give me a hand book.I transfered to another college for my Maters.Financial aid is running a bad scam or something… You have to keep a eye on all your Financial Aid(Pell) and Loans(as well as G.I.Bill) because they will jip you because you dont know. You must keep a eye on what the school is charging you and how much your loans and Pell is paying and disbursing to you. They tried to do me and several of my class mates like that but I handled them. I advised them that I would report them to the commission of student affairs and this was over $2000.That is your money that you have to pay back not them. If they take your money you will have to pay this back to your loan company 6 months after you graduate.Be careful.
September 2nd, 2009 at 12:20 am
Please, can you tell me few more thinks about this, I am really fan of your blog…gets solved properly asap.