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During the 2008–2009 fiscal year, the UoPX student body received more Pell Grant money ($656.9 million) than any other university and was the top recipient of student financial aid funds, receiving almost $2.48 billion. For the 2008–2009 fiscal year, the university's student body received more Pell Grant money than any other university.
The federal government is discharging $37 million in student loans for over 1,200 former students who attended the University of Phoenix. The action applies to borrowers who enrolled in Phoenix ...
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...
The Biden administration is canceling nearly $37 million of federal student loan debt for more than 1,200 borrowers who attended the University of Phoenix because it found that the for-profit ...
For unmarried students under 24, Congress mandates that parental income and assets be included. The resulting figure is the student's "need". Colleges attempt to provide students with enough financial aid to meet all student need, but in most cases are unable to do so completely. The result is "unmet need".
Approximately $50 million has been returned to former University of Phoenix students. ... “This is doing exactly the opposite of what the entire intention of financial aid is: for students to go ...
v. t. e. Financial issues facing students in the United States include the rising cost of tuition, as well as ancillaries, such as room and board, textbook and coursework costs, personal expenses, and transportation. [1] After adjusting for inflation, average published tuition at public (4-year, in-state) and private non-profit universities has ...
University of Phoenix leaders have said they expect the financial hit from student-loan costs to be about $1.5 million per year, according to a U of I FAQ page about the acquisition. U of I ...