University of Phoenix Financial Aid Options

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At University of Phoenix, we strive to make higher education highly accessible. Finance options, including financial aid, are available for those who qualify. Options include:

Financing Options

University of Phoenix offers numerous options for financing your education. Our cash-paying plans let you pay for one course at a time rather than an entire semester or year at once. Alternatively, pre-paying tuition will guarantee that your rate will not increase for the duration of your program.

Company Funding

University of Phoenix is eligible for most company reimbursement programs. Check your company benefits to see if a tuition assistance plan is available to you.

Military Assistance

As a regionally accredited university, and a long-time member of Service members Opportunity Colleges (SOC), University of Phoenix is approved by all branches of the military for tuition assistance.

Federal Financial Aid

It’s simple to apply for federal financial aid online. It is quite easy to do with access to all the required financial aid forms, options for electronically signing your applications and links to complete the Master Promissory Note (MPN) and FAFSA (Free Application for Federal Student Aid). Additional details can be found by calling your University campus representative by looking on the University of Phoenix Financial Aid Website.

Once you’ve been admitted to a certificate or degree program and received the results of your FAFSA, your eligibility will be determined for federal financial aid funds.

Federal Financial Aid Programs

The following are financial aid programs available to prospective University of Phoenix students:


You are required to reapply for funding each award year. Make sure to plan in advance so you can complete the reapplication process at least 60 days before the current academic year ends. If you do not meet the set deadlines, you won’t qualify for a financial aid deferment and will then be required to comply with the terms and conditions of the Cash Plan.

Deferred Payment

You qualify to defer payment if at least half of your annual tuition is funded through federal financial aid benefits and you have:

  • Completed online loan counseling
  • Submitted all federal financial aid required paperwork and related documentation
  • Completed the Admissions Application
  • Submitted all materials requested by your finance representative or the University of Phoenix Financial Aid Processing Center
  • Received an eligible Institutional Student Information Report (ISIR) from the U.S. Department of Education (ED)
  • Paid all applicable fees

Terms and Conditions

It is not possible to cover every situation here. However, please note that additional information is available and we recommend that you consider the following:

  • You must attend continuously; with no attendance breaks greater than 29 days to retain disbursed federal financial aid funds. If you require more than 29 days, you need to contact your University campus representative to request an official leave of absence (LOA).
  • University of Phoenix degree programs are not all eligible for federal financial aid. Please check with a University campus representative by clicking on the Request Information button below and filling out the information form.

Request more information on any of the programs listed above by clicking on the “Request Information” button located to the right. Request Information from University of Phoenix

While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Representative .

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