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  • Report:  #183310

Complaint Review: Colorado Technical University

Colorado Technical University Online ripoff mislead me to believe that they were a prestigous company Internet

  • Reported By:
    Lawrenceburg Tennessee
  • Submitted:
    Sun, March 26, 2006
  • Updated:
    Sun, April 20, 2014

I was reading on your site about a different scam and I thought I would just type in CTU, just to see what would happen. To my shock I saw all of these reports about this online college. I have been attending a local community college full time and I saw an advertisement about CTU. I looked into it, talked to the admissions advisor and registered at CTU and then withdrawed from my local college. I have already transferred my Pell Grant to CTU and have completed several student loans due to the advise of my financial aid advisor at CTU. I was supposed to start my classes the First of April. It is now the 26th.

I thought that this would be a wonderful experiance and give me more time with my 3 children. I feel devistated and mislead. I'm at a loss concerning what I should do. One thing I will do is post a print off of this site at my local college to worn other students about this.

Ava
Lawrenceburg, Tennessee
U.S.A.

4 Updates & Rebuttals


Dave

Lewiston,
Idaho,

Continued from my original posting.

#5Consumer Comment

Sun, April 20, 2014

Here's what I posted on CTU'S community message board that is accessable from the accounts link and then on the left you go to this message board right there on CTU'S site:

 

Dave Funke 2 minutes ago
Haven't any of you people figured it out? For one there was another posting on this topic on here but I think CTU finally erased it and or censored it big time. In the comments it included a student or a former student who had contacted legal council about the "legalities" of CTU holding our funds when it is not a main industry trend for them to hold onto them for 14 days or longer in some cases and also to hold it for "future tuition" costs especially with some of us so close to the ends of our degrees. The fact is that CTU is making money on our money for every single day that it is held in this "clearing house" called Higher One. All Higher One is, is some stupid middle man bank that CTU has its dirty fingers in and they are making bank off of all of we students stipends that are "sitting" there waiting to be refunded. Most colleges, universities and institutions even the in person brick and mortar ones give you your funds the same day or within 2-3 business days regardless of how the money is wired or transferred to you personally be it a check, cash in person from the office if you go to a brick and mortar school or direct deposited to an account of your choice. They're forcing you to take this Higher One card crap. I say don't if you must then opt for direct deposit once this "middle man" cough "bank" has it and have it transferred into your personal bank accounts then from there get it as far from CTU as you can. It is our money period and CTU can and must by law only take the funds down to the last cent for tuition costs only. They by law again both federal and state laws are not allowed to hold the money for any period of time after they have received their funds for our current tuition. But the thing is these "thieves" in FA and others in the HQ are lining their pockets with our money. Can they afford to hire true Americans who can speak decent understandable non slurred non thick accented English? Yes but they don't so you end up talking to some dude who sounds like he's from GOD knows where and then the calls are all "scripted" and they are not there to give a crap about you, myself or anyone else, lie to you one call to the next and do not tell you where your funds are. I'd follow the paper trail and I will trust me I will. I am contacting all of my lenders, the United States Department of Education, the Federal Trade Commission, The Federal Communications Commission, FYI CTU you're not the only ones recording these calls. All of my calls are time stamped dated and recorded. I know each and every single one of your "agents" by name, their phone numbers, extensions etc. Finally after getting all the local, state and federal law enforcement, legal teams etc. together myself and this other student yes I signed her petition are taking a class action law suit out against CTU. Google it. They have been sued in the past for the same darned stuff FRAUD basically and it is coming again in the future. This is a great school education and academically but your financial aid department is full of crooks and enough is enough. I'll get one of those lawyers you don't pay unless you win and tie this thing up in court for years. I'm not joking here and I'm going to the mass media with it. Do you really want your reputation tarnished CTU? This is not a threat it is fact. Either fess up and pay we students on time every time and for all the interest you earned per student account, you must by law refund all of it. Higher One is going down as well. How dare you pull this crap.
 
  • Dave Funke less than a minute ago
    Continued: She had researched the laws, codes, by laws etc. chapter and verse and guess what people, CTU is breaking every single one of them. Even the lenders where shocked and stated that is you students money by law and they have no rights to be holding it "hostage" or earning interest off it like that. What's CTU going to do here, pull another ENRON? That's tampering with evidence. What you all will get is a FEDERAL INDICTMENT and summons into court and I hope you enjoy your cells each and every one of you in Federal prison. 


Dave

Lewiston,
Idaho,

I fully agree with you and here's insider info from a current student.

#5Consumer Comment

Sun, April 20, 2014

It's true people. CTU's Financial Aid department and some of the higher ups as well as their parent company are in fact committing fraud on a daily basis. Here's how. When the students there get their funds from the lenders and grants from the Feds etc. CTU then instead of refunding the remaining ballance immediately or within the legal by law set in stone type of deal where it's 2-3 business days, they keep it for 14 days or longer in some cases, channel it through hidden accounts that are allegedly "student accounts" linked to these "cards" used by this phony made up bank called "higher one" and then supposedly they can get their "refunds" that way or opt out of the card and have it direct deposited into an account of their chosing the student that is but it still has to be routed through higher one. CTU for a fact is making interest on that money pers student, per account, per stipend refund all the time. Isn't that fraud to be earning interest on another person's money? Fact is myself and many students had a post on CTU'S own interal message board linked from the accounts link and the community links off of their virtual campus online but CTU seems to have taken that particular posting down. This student highered lawyers, studied the law chapter and verse and code by code, even called the IRS and others, lenders, etc. and all of them stated that the FA and CTU was breaking the law. So yes we are in the process of having it all investigated and we will be filing a class action law suit against CTU and their FA very soon.

 


Kenneth

Manchester,
Pennsylvania,
U.S.A.

Colorado Technical University Online

#5Consumer Comment

Thu, July 20, 2006

I am one who inquired about Colorado Tech Online.
I almost enrolled , however decided to look into it a little further.

Stumbling onto an article from the New York Times claimed many things and supposedly they are being investigated. Sorry I can't say more about it till i find the article again. I think they are put on hold from purchasing additional schools.
I expressed my concern to them about what I have read and they denied no such thing was going on.
The guy fumbled everything out of his mouth and could barely speak in complete sentences. Possibly as a result of putting it on the line.

After tellign them I wanted more time to investigate them based on these claims I was put in touch with his Admissions guy ( the whole thing is questionable) and I expressed to him I needed time to find out if these claims are true. And all he said was you won't find anything and that we have deadlines to meet and that I had missed mine ( oh well)and that he had other people to work with ( i'm not a dog in a puppy mill) I was not gonna go through and pay the application fee and find out to be accepted just to find out later that (if these claims are true) they lose their accredidated status what would that mean.

The whole thing in the way they conducted themselves seems to prove to some degree that it may be true of what is claimed.
Until I relocate the article again I ask that rippoffreport look into this to find out whether or not this University is in trouble.
The only thing i can say is that research these people and all before committing.
I'm glad I was able to pick up on this ahead of time.


Ava

Lawrenceburg,
Tennessee,
U.S.A.

charged me $50

#5Author of original report

Sun, March 26, 2006

Also they charged me $50 and said that I would only have to pay if I was accepted. Can I get my money back and is there a lawyer interested.

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