Federal Financial Aid Programs

Chances are that if you’re considering education , you’ll need some sort of assistance in affording it. Federal aid should be one among your first choices. The U.S. Department of Education funds grants, loans, and work-study programs for as many as 15 million students and awards around $150 billion a year. Grants are money that doesn’t need to be paid back, while loans offered by the federal are low-cost and low-interest, offering flexible repayment plans for college kids . Federal student grants are offered to students who demonstrate financial need and include:

Federal Pell Grants
Teacher Education Assistance for school and better Education (TEACH) Grants
Federal Supplemental Educational Opportunity Grants (FSEOG)
Iraq and Afghanistan Service Grants

Perhaps the foremost widely used at University of Phoenix is that the Pell Grant for low-income students, as data from the U.S. Department of Education shows as many as 50% of its undergraduate students are using Pell Grant funds. Pell Grants are awarded to undergraduate students seeking their first bachelor’s degree. the quantity you’ll receive depends on your financial need, cost of attendance at your school, full-time or part-time student status, and your plans to attend school for the whole school year . the utmost award amount for the 2019-2020 academic academic year is $6,195 for up to 12 semesters or six years.

At American InterContinental University, our academic approach is meant round the realities and challenges of today’s busy lifestyles, and for over forty years, we’ve been helping students gain the knowledge, skills and confidence to pursue subsequent level of their professional development.

Reports record that in 2012, there was 12 students’ address, which pointed to the same location and same apartment address. The situation started to grow in the next several years and resulted in the fraud accusations toward the university. It leads to an investigation about university activities by the U.S Postal Inspection Service. In the end, the Department of Justice claimed that the University of Phoenix is ready to $67.5 million to the government due to its fraud commitments. Employees of the university have admitted the violation of federal laws. Informers of the event received $19 million.

Additionally, most of the graduates of the University of Phoenix claim that the quality of education in the university was not as successful as they expected. As a result, the government accused the university about a false advertisement, violation of the law, and providing incorrect data about the University of Phoenix financial aid. In the end, the university agreed to discharge student loans. Many students had difficulties paying their student loans back. If you are one of the students, you can get a discharge through Borrower Defense to Repayment. You are eligible to apply for a release if university defrauded you about education program, false employment rates, fake income rates after graduation, or about University of Phoenix financial aid. But before you need to prove and provide facts that the university defrauded you. You will receive your discharge only after lawsuit accepts your claims.

As mentioned above to get your discharge, you need to apply through Borrower Defense Repayment. To benefit from the debt forgiveness, you need to indicate that you have suffered from the violation of the University of Phoenix financial aid program. Additionally, you need to show that you have not aware of all these violations of federal laws. The application is available online, and you can access it through the website of Borrower Defence. One thing you have to do is to fill and submit it online. Initially, sign it and add all the required documents. Note that the process may take longer than you expected. Therefore, it is better to scan all the related documents related to the University of Phoenix investigation.

https://studentloansresolved.com/2019/05/28/what-issues-you-may-face-in-getting-university-of-phoenix-financial-aid/

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