After enrolling at AIUonline and signing the agreement, my financial counselor worked with me to prepare my financial aid.
Out of the blue, my financial aid package was completed and on it stated that I had been given an AIU private loan in the amount of $6000.00 I know I had applied for this loan at the same time I applied for the Wachovia Educational Loan. But, what I didn't know was that I wasn't given nor would ever be given any disbursment papers of this loan.
I had no knowledge of the repayment schedule or interest rate addressed to that loan. I have contacted the company how it is mentioned in the agreement terms to cancel my agreement. I have not even taken any courses yet. But, I can't get any representative of AIU online to give to me a receipt of the acknowledgement of my request to cancel my agreement.
I have filed a complaint as well with the Better Business Bureau of this ordeal. I do not know if my cancellation has been accepted or if I'm going to incur any further charges. I am highly interested in starting a class action suit against AIUonline for their deceptive practices. Anyone with knowledge of a suit, please contact me.
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