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  • Report:  #203576

Complaint Review: AIU - AIU Online - American Intercontinental University - Hoffman Estates Illinois

Reported By:
- Yucca Valley, California,
Submitted:
Updated:

AIU - AIU Online - American Intercontinental University
5550 Prairie Stone Pkwy Hoffman Estates, 60192 Illinois, U.S.A.
Phone:
877-221-5800
Web:
N/A
Tell us has your experience with this business or person been good? What's this?
When I wanted to continue my education I knew it would be difficult. My husband is a Marine and we move too often for me to start and finsh at a brick and mortar school, so I started looking into online schools. Unfortunately, I found AIU. I had been to other schools, and when I was told the cost that was it, my invoice would match.

The advisor told me it would cost $2191 to finish a degree. Mind you I had explained that we had just filed for bankruptcy and I couldn't afford much. Obviously, my finances were in bad shape already and I should have stopped when the advisor pushed on knowing my situation.

I was told I needed to sign a promissory note, and I said I needed to wait, which wasn't good enough- he wanted it signed right away. Looking at all of the emails now I really should have stopped listening to them. Anyhow I signed this promissory note, which ended up meaning I sold my soul and bank account to the devil. After starting classes I received a notice from Educaid which talked about loans.

Well I hadn't applied for any loans so I thought this was a mistake. No- I owe this school over $11,000. After I realized what was going on I tried everything I knew of to get out of this. I tried getting ahold of everyone at the school that I had spoken to with no response, wrote the BBB to get told 'well you signed the note.' I don't get the luxury of being able to attend any school because now I can't afford to and my husbands' duty stations aren't always accomodating. The job placement at AIU was a joke as all I received were work at home scams.

What's really sad is that I just found out that this school is on probation, and my credits may not be any good anywhere. So not only do I lose my money, I can't use this degree. I hope a lawsuit does come around. Maybe someone can stop them. What's really funny is that when you type AIU into a search engine, they have made sure that all of the negative results don't start until the next page. They're spending plenty of money on advertising.

Melissa

Yucca Valley, California
U.S.A.


1 Updates & Rebuttals

Ben

Sandy Springs,
Georgia,
U.S.A.
Promissory Note

#2UPDATE EX-employee responds

Thu, December 13, 2007

What you signed was probably a Stafford Loan Promissory Note, which 90% of all students at these schools need in order to cover the cost. Full time tuition for these schools is typically around $500 per credit hour, unless you get a discount, so I am really perplexed why they would have told you that your degree would only cost a little over $2K. You can't even complete ONE TERM for $2K, let alone a whole degree, unless they were saying $2K is the OUT OF POCKET expense NOT covered by the Federal Loans and/or Grants (the funding gap). I know this because I used to work at AIU in financial aid and now work at a competitor of theirs.

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