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Capella's enrollment is composed mainly of graduate students, including 45 percent MS/MBA students and 18 percent PhD/PsyD doctoral students. The undergraduate population of Capella makes up 35 percent of the student body. [2] Less than one percent are working on certificate programs. The average age of a Capella student is 37.
It also has a loan servicing operation for student loans that it owns and for lenders under contract. Originally a small student loan guarantor with approximately 5,000 student loans a year after its formation, it at one point managed more than $100 billion in total assets and serves nearly four million students through its various programs.
University of Phoenix. University of Phoenix[3] (UoPX) is a private for-profit university headquartered in Phoenix, Arizona. [a] 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 [4 ...
e. 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 ...
Federal Student Aid (FSA), an office of the U.S. Department of Education, is the largest provider of student financial aid in the United States. Federal Student Aid provides student financial assistance in the form of grants, loans, and work-study funds. FSA is a Performance-Based Organization, and was the first PBO to be established in the US ...
FFEL loans and private loans are packaged, rated by rating agencies, and sold off as Student Loan Asset-Backed Securities (SLABS). For-profit student loan servicers have included Maximus Inc., Sallie Mae, Navient, Great Lakes Borrowers and Nelnet. [97] In 2020, there was a resurgence in private student loans. [98]
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For the FY2011 cohort of students, the student loan default rate was 1.4, one of the lowest in the nation. [95] For the 2010–2011 school year, the freshman retention rate was 94.3%. [ 96 ] [ needs update ] GW requires that students live on campus for their first two years of enrollment as undergraduates. [ 97 ]
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