Sentences with phrase «school discharge if»
You will not be eligible for a closed school discharge if you complete your program through a teach - out at another school or if you complete the program at another school through the transfer of one or more credits from the closed school.
http://www.studentloanborrowerassistance.org/ Not exact matches
If your school closes suddenly while you're still pursuing your degree, you could be eligible for a Closed School Discschool closes suddenly while you're still pursuing your degree, you could be eligible for a Closed School DiscSchool Discharge.
If such charges are sustained by a majority vote of the full membership of the district school board and the employee is discharged, his or her contract of employment shall be canceled.
Among its promises are that Democrats will support free community college for all, make it easier to repay student loans, allow borrowers with student loans to discharge their debts in bankruptcy if necessary, strengthen higher education schools that serve minorities, crack down on «for - profit schools that take millions in federal financial aid,» and continue to work to improve public schools by holding teachers and schools «accountable.»
If you transfer into a similar program, you won't be eligible for a closed school loan discharge of the federal student loans you took out to go to ITT Tech — whether you transfer through a teach - out agreement with your new school, by transferring your credits, or by any other comparable means.
Under the law, you may be eligible for loan forgiveness (a discharge) of the federal Direct Loans you took out to attend a school if that school committed fraud by doing something or failing to do something, or otherwise violated applicable state law related to your loans or the educational services you paid for.
Discharges of federal loans are available to students of closed schools, those with total disabilities, or when the borrower dies, or when the school improperly certifies eligibility, or if the school does not pay an owed refund.
If you attended a Corinthian school (Everest, WyoTech, or Heald) that closed while you were attending or soon after you withdrew, you may be eligible for a closed school discharge.
If the school does not close, you may continue your enrollment in the program, but you will not be able to receive new federal student assistance, and will not qualify for discharge of federal loans already received for attendance at that school.
If you refuse the teach - out option, but you later enroll at another school in substantially the same program in which you had been enrolled, the school gives you credit for work completed at your current school, and you complete the program at that school, you may not qualify for closed school discharge.
Under a borrower defense to repayment, you may be eligible for loan forgiveness (a discharge) of the federal Direct Loans you took out to attend a school if that school committed fraud by doing something or failing to do something, or otherwise violated applicable state law related to your loans or the educational services you paid for.
However, if you enroll in this comparable program and complete it, but the new school does not give you credit for any course work completed at the closed school, you would be eligible for a closed school discharge.
If the school closes, you may qualify for discharge of federal loans already received for attendance at that school.
Your application for discharge will not be accepted if you were in a teach - out agreement, or if you transferred your credits and finished at another school.
If your application for loan discharge based on a condition such as closed school, false certification, forgery, total and permanent disability, or unpaid refund was denied, but you believe you qualify for the discharge and want to request a reconsideration of your application, contact the party identified in the denial letter that you received.
Goodness knows how long this new process if going to take and what opportunities student loan debtors will have to actually have their loans discharged due to misrepresentation by colleges and schools who received federal student loans.
Similar to language on the federal student aid website, articles like this one in SF Chronicle explain that «if you qualify [for closed - school discharge, for example], your remaining debt will be forgiven and you will be reimbursed for loan payments already made.»
And 13 % is actually a pretty big number because in Canada a student loan only automatically gets discharged or goes away in a bankruptcy or a consumer proposal if you've been out of school for more than seven years.
If you owe private student loans for a school that was not accredited, your loans can probably be discharged in a Chapter 7 bankruptcy right away.
Regardless, any consumer who has vocational student loans with a private lender should have their attorney go for a full discharge if the school they went to was not an «eligible education institution» under 26 USC 221 (d)(1) and (2) means that the debts are not «qualified education loan (s)» under 11 USC 523 (a)(8)(B), and therefore are dischargeable.»
You are not eligible for discharge of your loans if your school closes and any of the following is true:
However, if you transfer credits toward the completion of a comparable program at another institution and do not receive a closed school loan discharge of the loans attributable to your closed school's program of study, those loans will continue to count toward your 150 - percent subsidized loan usage period and your annual and aggregate loan limits.
If you attended an ITT school that closed while you were attending or soon after you withdrew, and you did not complete your program of study, you may be eligible for a closed school discharge.
If your school closed, you have two basic options: (1) apply for a closed school loan discharge or (2) transfer your earned credits to another institution.
If my school closes and I then enroll (either through a teach - out plan or by transferring academic credits or hours earned from the closed school) in a comparable program at another school for the purpose of completing the program for which a loan was made at the closed school, can I still receive a discharge?
If your Park West location closed while you were attending or soon after you withdrew, and you did not complete your program of study, you may be eligible for a closed school discharge.
No, but you may qualify for a school - related discharge if the school closed while you were there or if the school falsely certified your eligibility for a loan.
Under a borrower defense to repayment claim, you may be eligible for loan forgiveness (a discharge) of the federal Direct Loans you took out to attend a school if that school committed fraud by doing something or failing to do something, or otherwise violated applicable state law related to your loans or the educational services you paid for.
If Mattia College closed while you were attending or soon after you withdrew, and you did not complete your program of study, you may be eligible for a closed school discharge.
If you transfer the credits you have earned at Mattia College toward a comparable program at another school, you will not be eligible to receive a closed school loan discharge.
Again, if you transfer the credits you've earned at ITT toward a comparable program at another school and you complete or are in the process of completing that program, you will not be eligible to receive a closed school loan discharge.
As a parent, you may be eligible for a closed school loan discharge if the school closed before your child completed the program.
If you transfer the credits or hours you have earned at Park West toward a comparable program at another school, you will not be eligible to receive a closed school loan discharge.
If I enroll (by transferring academic credits or hours earned from my closed school) in a comparable program at another school for the purpose of completing the program for which a loan was made at my closed school, can I still receive a closed school loan discharge?
If you apply for and receive a closed school loan discharge, the discharged loan will no longer count against your 150 - percent subsidized loan usage period or your annual and aggregate loan limits.
If the school you are attending closes before you complete your program, you can apply for discharge.
If a school falsely certifies your eligibility for a loan (there are a variety of ways to do this), you can also apply for discharge.
If you're no longer required to make payments on your loans due to other circumstances, such as a total and permanent disability or the closure of the school where you received your loans, this is generally called discharge.
You may be eligible for a partial discharge of your Direct Loan or FFEL Program loan if you withdrew from school, but the school didn't return the portion of your loan that it was required to return under applicable laws and regulations.
If the school is still open, you must prove that you and the loan holder tried to resolve the problem within 120 days from the date that you submitted the application for discharge.
A: If you are in default, but want to go back to school before a decision on the discharge is made, you should consider reviewing repayment, loan rehabilitation, and consolidation options.
The closed school discharge form states that this provision only applies if the program you complete at another school is the same or comparable to your program of study at the closed school.
In addition to the types of forgiveness, cancellation, and discharge shown above, you may also be eligible for discharge of your federal student loans based on borrower defense to repayment if you took out the loans to attend a school that misled you, or engaged in other misconduct in violation of certain state laws, and if the school's act or omission directly related to your federal student loans or to the educational services that you paid for with the loans.
I attended from 2006 - 2010, does this mean that my school was not accredited at the time of my attendance and if so can I try to discharge on or several of my loans in Bankruptcy?
If you are not eligible for a closed school discharge, you should consider other options for relief including possibly false certification discharge or defenses to repayment.
If a borrower was in school or military within the recent two full years, he or she must provide evidence supporting this claim such as college transcripts or discharge papers.
You are eligible for a closed school discharge only if you were unable to complete the educational program because your school closed.
Q: Can I borrow to return to school if the decision on my closed school discharge is pending?
If your school is on the list some of your private student loans may still be discharged if they were used for expenses that were not «qualified higher education expenses.&raquIf your school is on the list some of your private student loans may still be discharged if they were used for expenses that were not «qualified higher education expenses.&raquif they were used for expenses that were not «qualified higher education expenses.»
If you have Perkins Loans, you might be able to qualify for 100 % discharge of your student loan debt if you teach in a qualifying elementary or secondary schooIf you have Perkins Loans, you might be able to qualify for 100 % discharge of your student loan debt if you teach in a qualifying elementary or secondary schooif you teach in a qualifying elementary or secondary school.