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Kaplan University / kaplan university financial aid/business office out of compliance while commiting fraud and misappropriation of funds

1 United States Review updated:

Kaplan University a subsidiary of the Washington Post Financial Aid/Business Office out of compliance while commiting fraud and misappropriation of funds

The majority of State Universiies release refunds to their students 2 weeks before classes starts or 2 weeks after school starts. State Universities also disbursement dates on their website validating the dates that refunds will be disbursed to their students. Many private online/community colleges universities are under the assumption that they are not required to follow the state and federal guidelines. I am a graduate student in my 6th term with a 4.0 GPA at Kaplan University. Each term is 10 weeks long; however, Kaplan feels that they do not have to issue stipend checks from Direct Loans until the 8th-10th week of the term. Expense Loans are designed to assist students with living expenses during a designated term. However, at Kaplan loans taken out by students is assisting the university or the Washington Post with their expenses which is fraud and misappropriation of funds.

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Comments

  • Kr
      10th of Sep, 2012
    0 Votes

    I agree they keep changing the dates of the checks pushing them further and further out. The checks are to help us with electric, internet and other student needs. It really stinks when they electric company says no we are turning it off, it is not our fault that the checks did not come. Kaplan University is very expensive and the funds we receive after classes are paid for are small and rarely arrive before the 10 week or after.

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