Global University accepts private scholarships, tuition assistance programs, vocational rehabilitation, and VA benefits. Students may also research private loans or scholarships for further funding.
To enable students to end their program with little or no debt, Global University students pay for courses as they enroll. Students are not required to pay for an entire program or an entire semester of courses at once. In addition, students may enroll in one course at a time, as long as they remain active in their program. A student must enroll in at least one course each calendar year (January-December) in order to maintain an active status.
Global University is classified as “correspondence education” by the U.S. Department of Education. As such GU is not eligible to participate in federal funding programs such as Title IV. Global University is therefore not an “eligible educational institution” as defined by the IRS. Our students are not eligible for the tax credits some students can receive through the federal government’s student loan program.
Since Global University is not eligible to participate in federal funding, GU does not have a FAFSA number.
Courses/credits taken through Global University cannot be used to defer payment on previous student loans.
If a student is endeavoring to receive credit for the American Opportunity Tax Credit or for Lifetime Learning credit purposes, please note that qualified educational expenses are “tuition and fees required for the enrollment or attendance of taxpayer, his spouse, or tax dependent, at a post-secondary educational institution eligible to participate in the federal student loan program.” Global University does not fit the IRS definition of an “eligible educational institution.” The student should consult with his or her tax advisor.
Global University’s accreditation is not affected in any manner by our classification as “correspondence education.” Information regarding GU’s accreditation can be viewed here.