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What happens if I paid tuition prior to enrolling and the school files for bankruptcy and/or closes?
The best option for students faced with a school closure is to try to retain credits earned, continue their course of studies and obtain their certificate or degree. For most students, this involves a transfer to another school. Often the credit may not be recognized by other institutions, so the process may have to start over again, and if we work with you from the beginning we work to try to avoid this at all costs because it waste time, money and your hard work.
If continuing studies is not possible, students may consider other options, including requesting a refund of tuition, discharge of their student loans, or other compensation. However, selecting discharges or refunds will likely result in the loss of credits already earned according to the Bureau for Private Postsecondary Education. There may also be legal remedies. For more information, including a loan discharge application, go to http://studentaid.ed.gov/.
Additonally, to not waste any more time, contact us, and we can get you up and running again in most cases.