Axia College University Of Phoenix Mis-handling financial aid funds, not interested in educating you only in keeping loan money phoenix, Arizona

I am an enrollment advisor and I know that students are sometimes so excited about school that they don't read everything that they sign.  You have to take responsibility for reading what you sign because it is the same information that is quoted to all students.

First of all, I have to inform you and this might be news to you, but financial aid is to pay for your school. Second of all you have to do some basic math and calculate the amount of money that comes to the school and then the amount of money that the school needs to keep for tuition and fees. If all you qualify is for loans, I will have to give you the bad news that you will not get any money back. The cost for every class of Axia is $1095 (before July 1, 2011) and the resource fee is $80. Assuming you do not have to pay taxes on the resource fee in your state, the school will need $4700 to cover the first four classes. Your first disbursement is going to be $4750 (9500 divided by 2), so you will only get to keep $50. Your $50 will arrive 10 to 14 days after disbursement; depending on whether you selected direct deposit or not.

Now if I were you, I would concentrate my efforts in passing my classes with a grade higher than a "C." You see, you need to have a 2.00 GPA to continue receiving financial aid. Another thing you need to know is that you need to pass 67% of the credits attempted, so try not to drop any classes. You should know this by now, you get a weekly email from your academic counselor reminding you to actually go to class. The good news is that once you complete 24 credits, you will be able to borrow $10500 that academic year. Now, I recommend you only borrow what you need because you will have to pay all of your loans at some point.

With the whole NSLDS issue mentioned before, I have to say that the university does not receive a daily report from NSLDS. It is your responsibility to keep your past loans in proper deferment and forbearance before you go to the university. The department of education reports NSLDS and a lot of the time many schools receive the NSLDS issue when you are already in class. The good thing is that if you stop complaining and just get it cleared with your lenders and the department of education, you can continue going to school. Try consolidating some of your loans... It will help!

I got into this college with no problem. I was sent an email and a call said i was ready to start. They said the total cost was 9500.00, i got a letter not until Jan 2011 saying my loan was 3000.00 which they got 9500.00. All i got back in December 2010 was 66.00 and a check last month for the same and i was told that this was all i would get. I took an exam the 9th week of my first 9 week block and the exam showed i got 20 out of 30 right which was suppose to be a C or C+ but got an D-. I reported it to the teacher and also to the college and no good either. I got to looking and i seen that i had two extra right so it would be 22 out of 30 so that would raise my grade up more. I showed them the proof and got a letter two weeks ago and they said they could not do anything about it at all and it stands as is. I was cheated out of my grades, and also money as well and they need to do something about this college fast. I will reply to anyone about this and also U.O.P has a BBB also and you cannot report them to one because it will be turned over to the college and that is not fair.