Problem with University of Phoenix financial aid/excess funds check?
Q. I started classes with University of Phoenix on June 15th. I asked my financial aid advisor today how much longer will it take to receive my excess funds from my loan & pell grant. Two weeks ago the rep. told me about 8 days, now today they're telling me about two more weeks. Can someone tell me how long it should take, or if you went to UoP how long it took you to receive your excess funds? By the way the funds are supposed to be coming though by direct deposit to my bank account... I haven't received an award letter or anything in the mail about my excess funds.
Asked by nzack22 - Tue Jun 23 16:40:06 2009 - - 1 Answers - 2 Comments
A. universities.atwebpages.c om - try this site. It has info about different US scholarships for college students and their grades requirements.
Answered by Cris - Wed Jun 24 14:51:46 2009
Q. I started classes with University of Phoenix on June 15th. I asked my financial aid advisor today how much longer will it take to receive my excess funds from my loan & pell grant. Two weeks ago the rep. told me about 8 days, now today they're telling me about two more weeks. Can someone tell me how long it should take, or if you went to UoP how long it took you to receive your excess funds? By the way the funds are supposed to be coming though by direct deposit to my bank account... I haven't received an award letter or anything in the mail about my excess funds.
Asked by nzack22 - Tue Jun 23 16:40:06 2009 - - 1 Answers - 2 Comments
A. universities.atwebpages.c om - try this site. It has info about different US scholarships for college students and their grades requirements.
Answered by Cris - Wed Jun 24 14:51:46 2009
Axia/University of phoenix excess refunds with direct deposit?
Q. I am supposed to get excess funds from UOP. On the school account it already shows debit memo, and my financial counselor told me it could be in my bank account in 24-48 hours because i chose direct deposit. It has been 3 days now and nothing. Does anyone know how long it will take for the school to deposit the money into my bank account.
Asked by acheron21 - Sat Aug 22 15:41:53 2009 - - 2 Answers - 0 Comments
A. The school is right it takes at least 24 to 48 hours excluding weekends it should be in by Monday, mine was in about 48 hrs. after debit memo on 08/10 it was in my bank account on 08/12.
Answered by kalwel - Sat Aug 22 23:28:05 2009
Q. I am supposed to get excess funds from UOP. On the school account it already shows debit memo, and my financial counselor told me it could be in my bank account in 24-48 hours because i chose direct deposit. It has been 3 days now and nothing. Does anyone know how long it will take for the school to deposit the money into my bank account.
Asked by acheron21 - Sat Aug 22 15:41:53 2009 - - 2 Answers - 0 Comments
A. The school is right it takes at least 24 to 48 hours excluding weekends it should be in by Monday, mine was in about 48 hrs. after debit memo on 08/10 it was in my bank account on 08/12.
Answered by kalwel - Sat Aug 22 23:28:05 2009
How often do you receive excess fund disbursements from University of Phoenix?
Q. I am a student who never asked her financial aid adviser that question.
Asked by Brittanie B - Sat Apr 11 15:14:51 2009 - - 2 Answers - 0 Comments
A. I started class in January and receieved 2500 in Febuary, and scheduled to receive another 2500 in July.
Answered by Future - Sun Apr 12 16:18:12 2009
Q. I am a student who never asked her financial aid adviser that question.
Asked by Brittanie B - Sat Apr 11 15:14:51 2009 - - 2 Answers - 0 Comments
A. I started class in January and receieved 2500 in Febuary, and scheduled to receive another 2500 in July.
Answered by Future - Sun Apr 12 16:18:12 2009
How long after starting your classes at university of phoenix does it take to get your financial aid?
Q. I recently just transfered to U of P and my previous college let us know exactly when we would be getting our financial aid and our excess funds. Does university of phoenix have a certain period that they wait before they post it?
Asked by elednum - Mon Oct 19 19:19:53 2009 - - 4 Answers - 1 Comments
A. education.mypressonline.c om - it has detailed info how to apply for financial aid and scholarships to get more cash.
Answered by Greg - Wed Oct 21 14:40:03 2009
Q. I recently just transfered to U of P and my previous college let us know exactly when we would be getting our financial aid and our excess funds. Does university of phoenix have a certain period that they wait before they post it?
Asked by elednum - Mon Oct 19 19:19:53 2009 - - 4 Answers - 1 Comments
A. education.mypressonline.c om - it has detailed info how to apply for financial aid and scholarships to get more cash.
Answered by Greg - Wed Oct 21 14:40:03 2009
University Of Phoenix...Please help, Refund of excess funds?
Q. Earlier today on my student account, it was showing a debit memo of 2985.00 and a debit memo of 66.25. Now it is saying a debit memo of only 496.25. what does that mean? I have direct deposit. When should the money be in my bank account? I am getting the full 2985.
Asked by Rachel - Tue Dec 22 23:23:12 2009 - - 1 Answers - 0 Comments
A. If its the first time being deposited it can take around 5-10 business days as the banks will verify everything. After the first time it will take just a couple days or so. Also, keep in mind that since its the holiday season until Jan. 4th most banks are closed a lot and only have maybe 5 business days until then. Also, it could be showing different debit memo's because maybe they were still processing everything. Look to see how much you actually received in your account. Then subtract the cost of 2 blocks of classes from it and the rest should be sent to you.
Answered by mommyoftwo53 - Wed Dec 23 16:01:55 2009
Q. Earlier today on my student account, it was showing a debit memo of 2985.00 and a debit memo of 66.25. Now it is saying a debit memo of only 496.25. what does that mean? I have direct deposit. When should the money be in my bank account? I am getting the full 2985.
Asked by Rachel - Tue Dec 22 23:23:12 2009 - - 1 Answers - 0 Comments
A. If its the first time being deposited it can take around 5-10 business days as the banks will verify everything. After the first time it will take just a couple days or so. Also, keep in mind that since its the holiday season until Jan. 4th most banks are closed a lot and only have maybe 5 business days until then. Also, it could be showing different debit memo's because maybe they were still processing everything. Look to see how much you actually received in your account. Then subtract the cost of 2 blocks of classes from it and the rest should be sent to you.
Answered by mommyoftwo53 - Wed Dec 23 16:01:55 2009
My Pell grand was issued to University of Phoenix on September. I have yet to get my excess refund.?
Q. My refund of excess fund is taking a long time from Universit of Phoenix. Does anyone have any idea how long it will take. My pell grand was issued to them on September 10.
Asked by Maxine R - Sat Oct 3 18:07:06 2009 - - 1 Answers - 0 Comments
A. I was told 10-14days, contact your financial counselor if you cant reach him/her call 1866760766 and ask for any counselor they have to calculate for your next classes to ensure there are funds to cover 2 block of classes and then they send you the remainder.
Answered by acheron21 - Wed Oct 7 00:09:57 2009
Q. My refund of excess fund is taking a long time from Universit of Phoenix. Does anyone have any idea how long it will take. My pell grand was issued to them on September 10.
Asked by Maxine R - Sat Oct 3 18:07:06 2009 - - 1 Answers - 0 Comments
A. I was told 10-14days, contact your financial counselor if you cant reach him/her call 1866760766 and ask for any counselor they have to calculate for your next classes to ensure there are funds to cover 2 block of classes and then they send you the remainder.
Answered by acheron21 - Wed Oct 7 00:09:57 2009
Who have direct deposit from University of Phoenix and how many days did it take to recieve the $$ in acct.?
Q. I requested Direct deposit from University of Phoenix its been 2 days now and have not received funds into my account. Has anyone had their excess-funds direct deposited and if so how many days did it take for you to see the funds into your account.
Asked by Yolanda - Sat Aug 15 09:32:07 2009 - - 4 Answers - 0 Comments
A. From the date that it shows receipt should be 7 days till it hits your bank account. Your account should show debit memo, today the 17th, and DD should be done on the 19th. If your account does not show debit memo, they have not sent it to your bank yet... UOP only deposits on Wed and Fridays. If you do not have by Friday, I would call your financial counselor, though I am not sure it will help...;)
Answered by TeamEdward - Mon Aug 17 12:37:08 2009
Q. I requested Direct deposit from University of Phoenix its been 2 days now and have not received funds into my account. Has anyone had their excess-funds direct deposited and if so how many days did it take for you to see the funds into your account.
Asked by Yolanda - Sat Aug 15 09:32:07 2009 - - 4 Answers - 0 Comments
A. From the date that it shows receipt should be 7 days till it hits your bank account. Your account should show debit memo, today the 17th, and DD should be done on the 19th. If your account does not show debit memo, they have not sent it to your bank yet... UOP only deposits on Wed and Fridays. If you do not have by Friday, I would call your financial counselor, though I am not sure it will help...;)
Answered by TeamEdward - Mon Aug 17 12:37:08 2009
disbursment of loan for university of phoenix?
Q. does anyone know when I will recieve my excess funds check? Sallie mae said that it is waiting to send my first two disbursment to the univertiy of phoenix. How do I find out when that is?
Asked by Alicia C - Sun Aug 16 13:23:42 2009 - - 2 Answers - 0 Comments
A. call 877-867-8664 which is the main financial aid processing center..listen to the prompts and there is an option to push foe excess funds! good luck! I love the school just started 2 months ago
Answered by sassy sista - Sun Aug 16 13:37:35 2009
Q. does anyone know when I will recieve my excess funds check? Sallie mae said that it is waiting to send my first two disbursment to the univertiy of phoenix. How do I find out when that is?
Asked by Alicia C - Sun Aug 16 13:23:42 2009 - - 2 Answers - 0 Comments
A. call 877-867-8664 which is the main financial aid processing center..listen to the prompts and there is an option to push foe excess funds! good luck! I love the school just started 2 months ago
Answered by sassy sista - Sun Aug 16 13:37:35 2009
To those who go to University of Phoenix and have student loans through them. Quick question?!?
Q. I just received a notice today that effective Oct 9th that those of us that have chosen to manage our own financial aid funds will no longer be able to do so. Apparently the U of Phoenix will retain those funds for future classes and other costs. Does this mean that any excess funds that are not needed for classes will still be credited to us? I was expected some extra money back that I was going to use to purchase a new laptop because mine is now causing quite a few problems, so just wanted some clarification! I've received excess funds from them in the past so I know for a fact that they do give leftover monies to the student. Like I said, they just changed their policy and now I want to know if after ALL classes are paid for, will the… [cont.]
Asked by estephania2182 - Fri Oct 9 23:38:08 2009 - - 3 Answers - 0 Comments
A. I rcvd the same notice. I called my advisor...nothing has changed. You will still rcv refund.
Answered by gg - Mon Oct 12 09:59:40 2009
Q. I just received a notice today that effective Oct 9th that those of us that have chosen to manage our own financial aid funds will no longer be able to do so. Apparently the U of Phoenix will retain those funds for future classes and other costs. Does this mean that any excess funds that are not needed for classes will still be credited to us? I was expected some extra money back that I was going to use to purchase a new laptop because mine is now causing quite a few problems, so just wanted some clarification! I've received excess funds from them in the past so I know for a fact that they do give leftover monies to the student. Like I said, they just changed their policy and now I want to know if after ALL classes are paid for, will the… [cont.]
Asked by estephania2182 - Fri Oct 9 23:38:08 2009 - - 3 Answers - 0 Comments
A. I rcvd the same notice. I called my advisor...nothing has changed. You will still rcv refund.
Answered by gg - Mon Oct 12 09:59:40 2009
University of Phoenix Online Question???? Please HELP!!!!?
Q. Has anyone out there attended the University of Phoenix Online and had trouble getting their excess financial aid funds? I was told 2 weeks ago that my excess private loan funds were put in the mail and sent to me (in excess of $13,000). I was told that it could take up to 7-10 business days for me to receive my money. I still haven't received it. I get the run around from my finance counselor. Anyone in their right minds knows that it doesn't take that long for something to go from Arizona to Michigan (where I live) -- unless they are sending it Pony Express! I even checked with my local post office and they told me the slowest mail (media mail which is used to mail magazines) doesn't take that long! Anyone else had such problems… [cont.]
Asked by Vicky L - Mon Apr 2 15:17:33 2007 - - 2 Answers - 0 Comments
A. I work for the university of phoenix and usually they will not let you take out a private loan unless you need it to cover your tuition and if that was the case it would not be sent to you it would be used to cover the costs of the school. I would check on your account on the website and see if there is a refund due there. Usually once my financial aid is disbursed it takes 7-10 days before it is mailed out and then it is 5-7 days before i recieve it in the mail. So if you are not able to see anything on your account online then i would call your Finance counselor and see if you are getting a private loan sent out to you.
Answered by Diana - Mon Apr 2 18:57:20 2007
Q. Has anyone out there attended the University of Phoenix Online and had trouble getting their excess financial aid funds? I was told 2 weeks ago that my excess private loan funds were put in the mail and sent to me (in excess of $13,000). I was told that it could take up to 7-10 business days for me to receive my money. I still haven't received it. I get the run around from my finance counselor. Anyone in their right minds knows that it doesn't take that long for something to go from Arizona to Michigan (where I live) -- unless they are sending it Pony Express! I even checked with my local post office and they told me the slowest mail (media mail which is used to mail magazines) doesn't take that long! Anyone else had such problems… [cont.]
Asked by Vicky L - Mon Apr 2 15:17:33 2007 - - 2 Answers - 0 Comments
A. I work for the university of phoenix and usually they will not let you take out a private loan unless you need it to cover your tuition and if that was the case it would not be sent to you it would be used to cover the costs of the school. I would check on your account on the website and see if there is a refund due there. Usually once my financial aid is disbursed it takes 7-10 days before it is mailed out and then it is 5-7 days before i recieve it in the mail. So if you are not able to see anything on your account online then i would call your Finance counselor and see if you are getting a private loan sent out to you.
Answered by Diana - Mon Apr 2 18:57:20 2007
University of Phoenix tuition...?
Q. I want to attend the online school but need funding to do so. If I get a pell grant and loans how will they apply it. They do not have semesters so when would I get the excess funds? I want to take 24 hours a year so will they break it up into 2 terms? I am confused on how they handle that?
Asked by Collin's mommy!! - Wed Nov 11 22:01:06 2009 - - 1 Answers - 0 Comments
A. Don't waste your grant and loans on a worthless education from a proprietary (for-profit) college such as UoP. Your community college and state university probably offer better online educational opportunities. If they do not offer the classes you are seeking, investigate the University of Illinois and the University of Maryland which have the most comprehensive online programs in the country. Even with out-of-state tuition costs, your total tuition fees will almost certainly be lower than at UoP. If you live in the West, also look at Western Governors University which offers lower tuition fees to residents of participating states, although it has much smaller list of major subjects available. It just might be that your intended… [cont.]
Answered by ownpool - Wed Nov 11 22:29:49 2009
Q. I want to attend the online school but need funding to do so. If I get a pell grant and loans how will they apply it. They do not have semesters so when would I get the excess funds? I want to take 24 hours a year so will they break it up into 2 terms? I am confused on how they handle that?
Asked by Collin's mommy!! - Wed Nov 11 22:01:06 2009 - - 1 Answers - 0 Comments
A. Don't waste your grant and loans on a worthless education from a proprietary (for-profit) college such as UoP. Your community college and state university probably offer better online educational opportunities. If they do not offer the classes you are seeking, investigate the University of Illinois and the University of Maryland which have the most comprehensive online programs in the country. Even with out-of-state tuition costs, your total tuition fees will almost certainly be lower than at UoP. If you live in the West, also look at Western Governors University which offers lower tuition fees to residents of participating states, although it has much smaller list of major subjects available. It just might be that your intended… [cont.]
Answered by ownpool - Wed Nov 11 22:29:49 2009
Has anyone else had financial aid problems with the University of Phoenix?
Q. I enrolled with the University of Phoenix in March of 2008 for an associates degree in accounting. I had two math classes that I was supposed to take at the end of my course program, but tested out for the credits instead. I tested and passed in December and the classes weren't scheduled to occur until February. I finished my last two classes at the very end of January and both my academic and financial counselor were informed in advanced. There was an excess of loan disbursal saved for those two math classes on my account for $2,080. My financial counselor said that there was a chance the lender, Wells Fargo, would ask for the excess back. Last week he e-mailed me and told me that the check was in the mail . . . never mentioning… [cont.]
Asked by lizluvsj - Thu Mar 5 20:03:02 2009 - - 2 Answers - 0 Comments
A. I have not, but I did a google search on University of Phoenix problems and got this: Also, someone sent this to me a year ago to send out via our high school listserv: I am just passing this information on so that others will not be victimized by University of Phoenix. I have been and I'm devastated. These same experiences of these students have been what I've experienced at UOP. Please inform everyone you know not to be scammed by them. It seems the Arizona IG may be investigating the school as well as I was just referred by the Department of Education to them. Here are some links to the Ripoff Report posted on University Of Phoenix.
Answered by Pat - Fri Mar 6 22:54:55 2009
Q. I enrolled with the University of Phoenix in March of 2008 for an associates degree in accounting. I had two math classes that I was supposed to take at the end of my course program, but tested out for the credits instead. I tested and passed in December and the classes weren't scheduled to occur until February. I finished my last two classes at the very end of January and both my academic and financial counselor were informed in advanced. There was an excess of loan disbursal saved for those two math classes on my account for $2,080. My financial counselor said that there was a chance the lender, Wells Fargo, would ask for the excess back. Last week he e-mailed me and told me that the check was in the mail . . . never mentioning… [cont.]
Asked by lizluvsj - Thu Mar 5 20:03:02 2009 - - 2 Answers - 0 Comments
A. I have not, but I did a google search on University of Phoenix problems and got this: Also, someone sent this to me a year ago to send out via our high school listserv: I am just passing this information on so that others will not be victimized by University of Phoenix. I have been and I'm devastated. These same experiences of these students have been what I've experienced at UOP. Please inform everyone you know not to be scammed by them. It seems the Arizona IG may be investigating the school as well as I was just referred by the Department of Education to them. Here are some links to the Ripoff Report posted on University Of Phoenix.
Answered by Pat - Fri Mar 6 22:54:55 2009
PLUS Loan Question Univeristy of Phoenix?
Q. I am awaiting a refund from the University of Phoenix that was sent out Monday. The loan is a Plus Loan in my parent's name for my education. I have looked up and down the website to see who the check will be sent to. My last school I have used in the past my parent was able to authorize the funds to go to me. I have not seen on the website where we could have chose this as an option and everything I have read about excess funds states that a refund will be sent to the student, but nothing states PLUS loans exactly in that and there is not a whole lot of information on the site about it or my account information. I really want to know if I should let my mom be on the lookout for it or if it will just be mailed to me. Has anyone been in… [cont.]
Asked by Manda - Wed Jan 6 13:35:07 2010 - - 2 Answers - 0 Comments
A. If you trust your mother then you should let her handle it. She is having better luck getting information on the loan than you are.
Answered by Jamalia - Wed Jan 6 13:44:30 2010
Q. I am awaiting a refund from the University of Phoenix that was sent out Monday. The loan is a Plus Loan in my parent's name for my education. I have looked up and down the website to see who the check will be sent to. My last school I have used in the past my parent was able to authorize the funds to go to me. I have not seen on the website where we could have chose this as an option and everything I have read about excess funds states that a refund will be sent to the student, but nothing states PLUS loans exactly in that and there is not a whole lot of information on the site about it or my account information. I really want to know if I should let my mom be on the lookout for it or if it will just be mailed to me. Has anyone been in… [cont.]
Asked by Manda - Wed Jan 6 13:35:07 2010 - - 2 Answers - 0 Comments
A. If you trust your mother then you should let her handle it. She is having better luck getting information on the loan than you are.
Answered by Jamalia - Wed Jan 6 13:44:30 2010
University of phoenix excess funds?
Q. I just received the debit/memo on my account yesterday for the refund money but they are still giving me the run around and is saying that my money has not been depostied yet when alot of other financial advsors were saying that I should get it by this monday. If you are experiencing the same problem please let me know. I am so confused right now,
Asked by Lisa - Fri Aug 14 17:22:42 2009 - - 1 Answers - 3 Comments
A. I am experiencing the same thing. I have always known for them to process my refund within 2-3 days. At least you got a debit memo so yeah you will get your money Monday. I also spoke with my financial aid adviser because I was told the same thing that it has not deposited to my account yet and she said that if it wasn't you would not receive credit balance. I am trying not to get mad at them but anyways. Yeah Monday you should have your money.
Answered by NatashaB - Sat Aug 15 11:51:43 2009
Q. I just received the debit/memo on my account yesterday for the refund money but they are still giving me the run around and is saying that my money has not been depostied yet when alot of other financial advsors were saying that I should get it by this monday. If you are experiencing the same problem please let me know. I am so confused right now,
Asked by Lisa - Fri Aug 14 17:22:42 2009 - - 1 Answers - 3 Comments
A. I am experiencing the same thing. I have always known for them to process my refund within 2-3 days. At least you got a debit memo so yeah you will get your money Monday. I also spoke with my financial aid adviser because I was told the same thing that it has not deposited to my account yet and she said that if it wasn't you would not receive credit balance. I am trying not to get mad at them but anyways. Yeah Monday you should have your money.
Answered by NatashaB - Sat Aug 15 11:51:43 2009
From Yahoo Answer Search: 'university of phoenix excess funds'
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Mon, 05 Oct 2009 11:32:44 GM
A couple of the quickest growing cities in this list are notable for their rapid rise in home prices: Las Vegas & . Phoenix. Arizona. Both cities saw a big run-up in prices until just a couple of years ago. As most of you know, . ... Think about it, 2 sets of baby boomer parents, both paid off their mortgages, kids out of . university. and now left with . excess. cash. Why not buy if affordability is not in question? Not to mention the pressures from family and relatives. ...
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