New guide is part of a suite of tools available to help students learn more about financial aid opportunities and reduce education costs

University of Phoenix is pleased to announce the release of its new Scholarships and Savings Guide, an extensive resource designed to help students and prospective students navigate the financial aid landscape and find opportunities to reduce the cost of their education.

“At University of Phoenix, our goal is to help our students save as much time and money as possible while pursuing their educational goals,” shares Director of Financial Education Initiatives and Repayment Management, Chris Conway. “The guide provides information on applying for scholarships and exploring various savings opportunities. We are committed to empowering students with the knowledge and resources they need to make informed financial decisions throughout their academic journey.”

The guide highlights the following key information:

• About University of Phoenix scholarships and how they work: Details on the structure and availability of University of Phoenix scholarships, which do not require essays and are available to all qualifying new students.
• How to apply for University of Phoenix scholarships: A step-by-step application process that is simple and straightforward.
• University of Phoenix scholarships: FAQs: Answers to common questions about eligibility and application procedures.
• How to maximize savings with external scholarships: Tips and resources for finding and applying for scholarships from external sources.
• Additional ways to save: Information on transfer credits, work and life experience credits, fixed tuition rates, and more.

The guide also highlights the university’s commitment to providing support to its students through transfer and work experience scholarship opportunities. University of Phoenix offers an unlimited number of scholarships, ensuring that every new, qualifying student receives financial assistance. The Phoenix® Scholarship is available to students with at least three years of work experience, while the Transfer Scholarship is for those with 12 to 60 transfer credits.

• Phoenix® Scholarship Savings Breakdown:
  • Bachelor's, Master's and Doctoral: Maximum value of $1K, provided the student maintains eligibility, applied over a set number of courses.
• Transfer Scholarship Savings Breakdown:
  • Bachelor’s: Maximum value of $3K, provided the student maintains eligibility, applied over 20 courses

Students and alumni can find detailed information on current scholarships by visiting phoenix.edu/scholarships.

In addition to the Scholarships and Savings Guide, University of Phoenix offers a comprehensive Savings Explorer® tool that presents information about scholarship opportunities, as well as transferring college credit and earning credit for prior learning through Prior Learning Assessment, national testing programs, alternative credit providers, and military service. By answering a few simple questions via the Savings Explorer tool, prospective students can find out what other students with relevant experience have saved.

University of Phoenix students and alumni have access to the Career Services for Life^® commitment, helping to ensure the tools, resources, and support needed to thrive in their career of choice.

About University of Phoenix

University of Phoenix innovates to help working adults enhance their careers and develop skills in a rapidly changing world. Flexible schedules, relevant courses, interactive learning, skills-mapped curriculum for our bachelor’s and master’s degree programs, and a Career Services for Life® commitment help students more effectively pursue career and personal aspirations while balancing their busy lives. For more information, visit phoenix.edu.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240712947356/en/