Controversy
In 2006, an arbitration process ruled in favor of FMU/Everest and a lawsuit regarding transfer of credits dating to 2004 was dismissed.
In August 2007, an investigation of company practices was closed by the State of Florida with no fines, penalties, or finding of wrongdoing. The investigation inquired into FMU's "advertising, marketing and business practices related to the sale of educational services to Florida Residents." The resulting "Assurance of Voluntary Compliance" between FMU and the Florida Office of the Attorney General indicated that FMU would pay $99,900 to the Office of the Attorney General for its investigation and in contributions to various consumer education purposes. It indicated that FMU would "modify" its pre-enrollment documents to include "Clear and Conspicuous" language regarding credit transfer, its refund policy, and its tuition costs, among other stipulations that, in part, serve to "better train" its teaching personnel to meet certain student needs. The Assurance of Voluntary Compliance found that FMU/Everest participates in the Florida Statewide Course Numbering System to facilitate the transfer of eligible credits to other institutions.
Read more about this topic: Everest University
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