ITT Students May be Eligible for Relief from Student Loans

          On September 6, 2016, ITT Educational Services, Inc. (ITT) announced that it is closing all of its campuses.  If you are, or were recently enrolled at ITT, you may be eligible to have your federal student loan debts for your ITT education eliminated.

          Under a US Department of Education program known as “closed school loan discharge,” you may qualify for discharge if you were attending ITT on September 6, 2016, or if you withdrew within 120 days of that date.  The discharge is available for federal Direct Loans, Federal Family Education Loans (FFEL), or Federal Perkins Loans you took out to attend ITT.  Not only are debts eliminated, you may also be reimbursed for amounts you have already paid the government.

          To apply for this discharge, you can either complete a Closed School Loan Discharge Application and return it to your loan servicer, or contact your loan servicer directly and request an application.

          You may also transfer earned credits from ITT to another institution to continue your education in a comparable program.  Note, however, that if you enroll in a comparable educational program at another school, you may not qualify for discharge of your ITT-related loans.

          For more information, go to the Federal Student Aid website at: https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/closed-school.  If you want legal assistance with this or other civil legal matters and cannot afford an attorney, you are welcome to apply for help with Indiana Legal Services, Inc. 

          For contact information about the ILSI office nearest you, go to our website at http://www.indianalegalservices.org. You may also call: For an intake for possible free legal assistance, call (844)243-8570 between 10:00 a.m. and 2:00 p.m. (eastern) Monday – Friday.

Posted: September 15, 2016