Argosy University in Phoenix is withholding financial aid for students, who can’t pay bills – AZ Central
Facing financial woes and accreditation issues, Argosy University campuses across the country have not paid millions of dollars in financial aid to students this semester.
Students at the private non-profit university in Phoenix and elsewhere told The Arizona Republic that as a result they’re missing mortgage payments, not buying books required for classes and are skipping grocery runs since the university hasn’t paid them thousands of dollars they’re owed in financial aid.
Cynthia Morgan, a doctoral student in professional psychology at Argosy in Phoenix, has not received about $11,000 in scholarship and federal loan funds she’s owed from Argosy, she told The Republic.
She’s been waiting since December for a stipend payment for an alumni scholarship she was promised.
Because she hasn’t received the money, she was late on her January mortgage payment. She wrote a bad check to her mortgage company in hopes of avoiding a missed payment that would ding her credit.