Note: Title IV Federal Financial Aid Programs are not offered at all University of Phoenix locations. Please check with your University of Phoenix Financial Representative.
You may be eligible for the Federal Pell, Academic Competitiveness, National SMART, SEOG, and TEACH Grant Programs, the Federal Family Educational Loan Programs (Stafford subsidized, Stafford unsubsidized and PLUS Loans) and/or the Federal Perkins Loan Programs. All students seeking federal financial aid benefits must be admitted to a financial aid eligible degree or certificate program in order to determine financial aid eligibility.
In order to be eligible for tuition deferment under the Financial Aid Plan at least 50 percent of your annual tuition must be funded through the federal financial aid benefits, and you must meet the following conditions. You must have:
- completed a financial aid orientation
- completed an Entrance Interview Form
- submitted a completed Financial Aid Packet (including all required paperwork and related documentation)
- completed the Admissions Application, and
- paid all applicable fees
In order to continue tuition deferment beyond your first course, you must provide University of Phoenix all documents required to complete the certification of federal financial aid funds. If you do not submit these documents, or if you are unable to qualify for federal financial aid, you will be immediately responsible for any outstanding balances incurred and will be required to select another finance option.
You must reapply for funding every academic year on this plan. You should complete the reapplication process at least 60 days before the end of your academic year. It is critical that you reapply for future loans or grants early to ensure that your educational program is not interrupted. If you do not reapply for financial aid in a timely manner, you will no longer qualify for a financial aid deferment and you will be required to comply with the terms and conditions of the Cash Plan. Please refer to the Financial Aid Guide for more information related to this financial option.
University of Phoenix has a Stafford Loan Preferred Lenders List and PLUS Loan Preferred Lenders List. These lenders meet or exceed minimum operational standards and offer additional borrower benefits. However, we will process loan applications with any lender who participates in the Title IV Federal Loan Programs. To assist in expediting the process, you should confirm first that your selected lender does participate. Contact your financial aid representative for more information.
The University provides a simple and convenient online application process for completing your financial aid paperwork. The online application process includes all required financial aid forms, options for electronically signing your applications and links to complete the FAFSA (Free Application for Federal Student Aid) and Master Promissory Note. It eliminates the paperwork and reduces the processing time for receiving your financial aid funds. The online process is the University's preferred method for processing your financial aid. To submit your financial aid paperwork electronically, please contact your campus representative or visit the University of Phoenix Financial Aid Website.
Continuous attendance with no attendance breaks greater than 29 days (21 days for students attending a Georgia campus) is required to retain disbursed federal financial aid funds. If you require more than 29 days (21 for students attending a Georgia Campus) please contact your University of Phoenix financial representative for information on a Leave of Absence.
Documentation required for the Financial Aid Plan:
- Student Financial Agreement
- A completed Financial Aid Packet
- A completed Admissions Application
See our Financial Aid Orientation for a step-by-step overview that includes definitions of financial aid terms, eligibility information and more.