Ben
Sandy Springs,#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.