A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still in school. It also differs in many countries in the strict laws regulating renegotiating and bankruptcy. This article highlights the differences of the student loan system in several major countries.
University of Phoenix (UoPX) is a private for-profit university headquartered in Phoenix, Arizona. Founded in 1976, the university confers certificates and degrees at the certificate, associate, bachelor's, master's, and doctoral degree levels. It is institutionally accredited by the Higher Learning Commission and has an open enrollment admissions policy for many undergraduate programs. The school is owned by Apollo Global Management and Vistria Group.
The University of Arizona Global Campus is a public online university affiliated with the University of Arizona. The university announced a deal to acquire Ashford University in 2020 and completed the deal in 2023.
Student financial aid in the United States is funding that is available exclusively to students attending a post-secondary educational institution in the United States. This funding is used to assist in covering the many costs incurred in the pursuit of post-secondary education. Financial aid is available from federal and state governments, educational institutions, and private organizations. It can be awarded in the form of grants, loans, work-study, and scholarships. In order to apply for federal financial aid, students must first complete the Free Application for Federal Student Aid (FAFSA).
A Pell Grant is a subsidy the U.S. federal government provides for students who need it to pay for college. Federal Pell Grants are limited to students with exceptional financial need, who have not earned their first bachelor's degree, or who are enrolled in certain post-baccalaureate programs, through participating institutions. Originally known as a Basic Educational Opportunity Grant, it was renamed in 1980 in honor of Democratic U.S. Senator Claiborne Pell of Rhode Island. A Pell Grant is generally considered the foundation of a student's financial aid package, to which other forms of aid are added. The Federal Pell Grant program is administered by the United States Department of Education, which determines the student's financial need and through it, the student's Pell eligibility. The U.S. Department of Education uses a standard formula to evaluate financial information reported on the Free Application for Federal Student Aid (FAFSA) for determining the student's Expected Family Contribution (EFC).
In the United States, higher education is an optional stage of formal learning following secondary education. It is also referred as post-secondary education, third-stage, third-level, or tertiary education. It covers stages 5 to 8 on the International ISCED 2011 scale. It is delivered at 3,931 Title IV degree-granting institutions, known as colleges or universities. These may be public or private universities, research universities, liberal arts colleges, community colleges, or for-profit colleges. US higher education is loosely regulated by the government and by several third-party organizations.
The Council for Higher Education Accreditation (CHEA) is a United States organization of degree-granting colleges and universities. It identifies its purpose as providing national advocacy for academic quality through accreditation in order to certify the quality of higher education accrediting organizations, including regional, faith-based, private, career, and programmatic accrediting organizations.
College tuition in the United States is the cost of higher education collected by educational institutions in the United States, and paid by individuals. It does not include the tuition covered through general taxes or from other government funds, or that which is paid from university endowment funds or gifts. Tuition for college has increased as the value, quality, and quantity of education have increased. Many feel that increases in cost have not been accompanied by increases in quality, and that administrative costs are excessive. The value of a college education has become a topic of national debate in the U.S.
The American Association of Colleges and Universities (AAC&U) is a global membership organization headquartered in Washington, D.C., United States. It works to improve quality and equity in undergraduate education and advance liberal education.
The Higher Education Act of 1965 (HEA) was legislation signed into United States law on November 8, 1965, as part of President Lyndon Johnson's Great Society domestic agenda. Johnson chose Texas State University, his alma mater, as the signing site. The law was intended "to strengthen the educational resources of our colleges and universities and to provide financial assistance for students in postsecondary and higher education". It increased federal money given to universities, created scholarships, gave low-interest loans for students, and established a National Teachers Corps. The "financial assistance for students" is covered in Title IV of the HEA.
The Association of American Universities (AAU) is an organization of American research universities devoted to maintaining a strong system of academic research and education. Founded in 1900, it consists of 69 universities in the United States and two universities in Canada. AAU membership is by invitation only and requires an affirmative vote of three-quarters of current members.
The American Council on Education (ACE) is a nonprofit 501(c)(3) U.S. higher education association established in 1918. ACE's members are the leaders of approximately 1,700 accredited, degree-granting colleges and universities and higher education-related associations, organizations, and corporations. The organization, located in Washington, D.C., conducts public policy advocacy, research, and other initiatives related to key higher education issues and offers leadership development programs to its members and others in the higher education community.
Proprietary colleges are for-profit colleges and universities generally operated by their owners, investors, or shareholders in a manner prioritizing shareholder primacy as opposed to education provided by non-profit institution that prioritize students as project stakeholders.
The University and College Accountability Network (U-CAN) provides information for prospective students and their parents to compare American private colleges and universities across a wide variety of characteristics. Users can search for participating institutions and compare important data and information, including admissions, cost, financial aid, popular majors, and campus safety. Links to the institutions' websites provide a "virtual campus tour."
Higher education in British Columbia is delivered by 25 publicly funded institutions that are composed of eleven universities, eleven colleges, and three institutes. This is in addition to three private universities, five private colleges, and six theological colleges. There are also an extensive number of private career institutes and colleges. Over 297,000 students were enrolled in post-secondary institutions in British Columbia in the 2019-2020 academic year.
Student governments in the United States exist in both secondary and higher education. At the collegiate level, the most common name is Student Government, according to the American Student Government Association's database of all student governments throughout the United States. The next most common name is the student government association. Other names are student senate, associated students, or less commonly students' union. There was one instance of a government of the student body, at Iowa State University. At Yale University, the undergraduate student government is known as the Yale College Council. High school student governments usually are known as Student Council.
Kevin J. Manning is the former president of Stevenson University, the former Villa Julie College and the third largest independent university in Maryland. He was inaugurated as the fourth president of Villa Julie College on October 28, 2000, succeeding Carolyn Manuszak. He resigned from Stevenson University on November 29, 2016.
National University is a private university with its headquarters in San Diego, California. Founded in 1971, National University offers academic degree programs at campuses throughout California, a satellite campus in Nevada, and various programs online. Programs at National University are designed for adult learners. On-campus classes are typically blended learning courses, concentrated to four weeks or on weeknights with occasional Saturday classes. The university uses asynchronous learning and real-time virtual classrooms for its online programs.
Financial issues facing students in the United States include the rising cost of tuition, as well as ancillaries, such as room and board, textbook and coursework costs, personal expenses, and transportation.
