News Argosy University is withholding financial aid. Students can’t pay their bills. February 8, 2019Rachel Leingang, Arizona RepublicComments Off on Argosy University is withholding financial aid. Students can’t pay their bills. “I do not — repeat, do not — have this money, nor would I be hanging onto it if I had,” said a court-appointed receiver. Students are owed $9 million.