Florida’s Attorney General has announced some financial options for students who attended Argosy University in Tampa.
Last week, the Argosy campus in Tampa closed its doors, leaving students scrambling to find new schools and get their transcripts. Now, Attorney General Ashley Moody says those students have options, including eligibility for loan discharges.
The U.S. Department of Education has set up a website for Argosy Student that show the options that are available to former Argosy students. The site also includes information about transfer options, how to obtain students records and Federal Pell Grant restoration procedures.
“Argosy failed its students and now hundreds of Floridians trying to achieve a higher education are scrambling to figure out how to complete their degrees,” AG Moody said in a statement. “Argosy students need to carefully examine their options and act promptly to pursue relief through the United States Department of Education.”
The closure of Argosy came after the school and its parent company, which operates 11 Argosy campuses nationwide, failed to fork over $13 million in federal aid to students. In January, students in Tampa started reaching out to Better Call Behnken for help, saying the needed the money.
A court-appointed receiver told us the money was used by the parent company to make payroll, though some public and government officials have questioned that and demanded a full accounting of the funds.
Argosy’s parent company, Dream Center Education Holdings, couldn’t pay its creditors, so a federal court in Ohio appointed a receiver. The U.S. Departement of Education revoked the school’s eligibility to use federal aid programs.
The AG’s office says 540 students were enrolled at Argosy’s Tampa campus this semester.
- Argosy Tampa closing its doors today; students still without financial aid
- Argosy University students waiting for more than $9 million in federal aid
- Argosy University troubles deepen as students struggle without millions in federal aid
- Congress members demand action on Argosy University after students’ money is misused
- Argosy students didn’t get stipends again, lose hope that the government will step in
- Congress members want federal investigation into students’ missing money at Argosy University