| Every University or College has a number of | | | | has a tie up with an institution, the tuition fee |
| financial aid options that will enable students to | | | | payable towards the online courses enrolled by |
| pay for their educational cost. The real difficulty | | | | the employee is billed to the employer directly, |
| lies in opting for a financial aid choice that will help | | | | instead of reimbursement. |
| them fund their education and meet their financial | | | | * Federal Grant and Loan Plan – The US |
| liability as well. | | | | Department for Education offers a number of |
| Financial Aid options at University of Phoenix | | | | grants and loan plans with an aim to help students |
| University of Phoenix offers a number of online | | | | finance their education at a lower cost. Following |
| and campus courses as well. It is one of the most | | | | are some of the loan plans offered to students |
| preferred online educational institutions for a | | | | * Federal Pell Grants |
| variety of courses and the quality of education | | | | * Federal Perkins Loan |
| offered at the institute. In order to enable | | | | * Federal Stafford Student Loan |
| students enroll with ease it becomes important to | | | | * Federal PLUS Loan |
| offer them the financial aid support and advice. | | | | * Academic Competitiveness Grant – A |
| In addition to whatever the college offers its | | | | Federal Initiative |
| students in the form of financial aid and support, a | | | | * Teacher Educational Assistance – College |
| sound knowledge and awareness about funding | | | | and Higher Education Grant |
| options otherwise is sure to help them make a | | | | * Supplemental Education Opportunity Grant – |
| choice of optimal loan option. | | | | A Federal Initiative |
| Following are the financial aid options offered to | | | | * Private Student Loans – In addition to |
| students at the University of Phoenix. | | | | federal help and support a number of private |
| * Cash Payment Plan – Under the cash | | | | financing agencies are offering excellent student |
| payment plan the students are allowed to pay for | | | | financing package at a slightly higher cost |
| one course at a time instead of the entire | | | | compared to federal loans. |
| semester. This plan certainly helps in managing | | | | * Military Assistance - Specific aid options are |
| your personal finances better. | | | | offered to those serving under the US Armed |
| * Tuition Reimbursement Plan – Employers in | | | | Forces, including the spouses of armed force |
| general offer reimbursement of course fee | | | | personnel. The finance aid officer will be in a |
| incurred by their employees. This plan is offered | | | | position to explain the details of the program and |
| as a part of the employees’ payment | | | | its procedures. |
| package. The human resource department of | | | | With all of the above financial aid options offered |
| your company should be able to handle your | | | | to students it shouldn’t be difficult for them |
| query on this. | | | | to enroll for courses in the University of Phoenix. |
| * Third Party Payment – Where a company | | | | |