How To Get Rid Of Student Debts From Everest Schools printable pdf download

How to Get Rid of Student Debts from Everest Schools

How to Tell Which Type of School You Attended *

Glossary of Terms

• Closed Schools: The Department of Education has listed the

•

Closed, closes, closure: Refers only to a school campus that has physically

following Everest locations as closing: Bensalem, Chelsea, Cross

closed and at which no programs are being taught.

Lanes, Eagan*, Earth City, Forth Worth, Grand Rapids*, Kalamazoo,

•

Corinthian: Corinthian College, Inc. is a company that operates for-profit col-

Merrillville, Salt Lake City, Silver Spring, and Vienna.

leges. It has four brands of schools with over 100 campuses, including Everest

☛ *As of September 1, 2014, these schools were denied recertifi-

College Phoenix, Everest Institute, Wyotech, and Heald Colleges. All of these

cation by the U.S. Department of Education, which means they

campuses are Corinthian-owned schools.

are no longer eligible for federal financial aid. Students at these

•

Enrollment agreement: The written contract that you signed with your school

schools (and any other Corinthian schools that are denied re-

when you enrolled that includes important information about the date of enroll-

certification) who enrolled before June 22 have the same rights

ment, your program of study, the cost of tuition, and other rights and obligations

CLOSED SCHOOL

as students who enrolled on or after June 22 at other closing

Before June 22, 2014

you have as a student.

[You will be required to meet with your Director of Education. During or after

schools. If you went to one of these schools or you attended a

this meeting, your school will decide between the following two options. If you disagree with your school’s

•

Federal loan or federal student loan:

When did you enroll? [Check your enrollment agreement. If you do not have it, ask your

sale school that has been denied recertification, look at the

See

How to find out whether a

decision, you may appeal it. If your closed school does not provide for a teach-out, you have the same rights

school for a copy.]

Loans funded by the federal government,

options for students who enrolled on or after June 22, regard-

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loan is federal or private

as students who withdraw.]

through the Department of Education..

less of when you enrolled.

How to tell which type of

See

•

Federal closed school discharge: Complete forgiveness of your federal

• Sale Schools: The following schools are for sale or have been

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school you attended.

loans. You are eligible if you were unable to complete your program because

sold. If a school is not sold, there is a possibility it will close.

your school closed while you were still

See

How to find out whether a

➤ On February 3, 2015, Zenith Education Group bought more

attending, or if you withdrew without

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loan is federal or private

than 50 Everest and WyoTech campuses from Corinthian

finishing less than 120 days before your

Colleges, Inc. To view the list of schools that Zenith pur-

school officially closed.

chased and will continue to operate, and schools whose

•

If you complete your program, either through a teach-out, through trans-

programs of study are being taught out, visit

ferring any credits to another school, or because your school is sold, you

Participate in a teach-out

Withdraw

are not eligible for a federal closed school discharge.

☛ Everest College Phoenix: Mesa, Phoenix, all online programs

•

If you apply for and receive a federal closed school discharge, you no

See

longer owe the federal loans that

☛ Everest: Alhambra, Anaheim, Atlanta Greenbriar, Aurora,

What is a Teach-out

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See

How to apply for a federal

are discharged, and you will be re-

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Austin, Bedford Bark, Bissonet, Brandon, Bremerton, Brighton,

closed school discharge

funded payments you have already

Burr Ridge, Chesapeake, City of Industry, Colorado Springs,

made on those federal loans.

Columbus, Dallas, Dearborn, Detroit, Everett, Fort Worth IL,

•

Leave of absence: You may request to temporarily withdraw from your school

Gardena, Greenspoint, Henderson, Houston Hobby, Jacksonville,

for personal or medical reasons, although whether it is granted is up to your

Jonesboro, Kansas City MO, Kendall, Lakeland, Los Angeles, Los

Any other money you paid your school

Your Federal Loans

Your Private Loans

(Cash, Check, Credit Card). These may be reim-

school and the terms of your enrollment agreement.

Beach, Marietta, Melbourne, Melrose Park, Merrionette, Mid

Any other money you paid your school (Cash, Check, Credit Card):

Your Private Loans

bursed by your state tuition recovery fund.

Your Federal Loans

Cities, Newport News, Norcross, North Aurora, North Miami,

These may be reimbursed by your state tuition recovery fund.

•

National Student Loan Data System (NSLDS): The U.S. Department of Edu-

How to find out whether a

See

Ontario, Ontario, Orange Park, Orlando North, Orlando South,

How to find out whether a

See

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loan is federal or private

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loan is federal or private

cation’s central database for federal student loans. NSLDS allows you to access

See

How to tell if your state has a state

See

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loan is federal or private

Pinellas Largo, Pittsburgh, Pompano Beach, Portland, Renton,

How to find out whether a

See

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tuition recovery fund

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tuition recovery fund

basic information about your federal student loans, including your balance and

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loan is federal or private

Reseda, Rochester, San Antonio, San Bernardino, Santa Ana,

the name of your servicer.

Seattle, Skokie, South Plainfield, Southfield, Springfield, Taco-

•

Private loan or private student loan: All loans that are not federal loans are

ma, Tampa, Thornton, Torrance, Vancouver, Woodbridge DC

considered private loans. A private student lender could be a bank, like Wells

School Refund

: Your school will repay

School Refund:

☛ Heald: Concord, Fresno, Hayward, Honolulu, Modesto, Portland,

Fargo, or a loan company, like Sallie Mae.

all money it received from your lender for your

See

How to find out whether a

Your school must repay any

Rancho Cordova, Roseville, Salinas, San Francisco, San Jose,

Loans through Corinthian’s Genesis pro-

attendance. Your school will repay to you any

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loan is federal or private

direct payments you made to

Stockton

Federal

If your school chooses a teach-out for you,

State Tuition Recovery

origination fees or other fees you had to pay to get

gram are also private student loans.

There are a number of other

Cancellation by

the school for your attendance

School Refund. Your school will return

Whether you participate in

you can still choose not to participate and

the private student loan. You should check with

☛ Wyotech: Blairsville, Daytona Beach, Fremont, Laramie

Closed School

reasons that you might be able

you any origination fees or

•

Private student loan contract or private loan contract: A contract to borrow

your lender

Fund.

the teach-out or not, you will

all federal student loan money it

withdraw instead. If your school closes

There are 21 states with state

your lender to make sure that you do not have a

to discharge all or part of your

other fees you had to pay

money from a bank, school, or other company. If you borrowed a private stu-

Discharge

not be guaranteed a cancella-

received on your behalf to pay the total

within 120 days after you withdraw, you

tuition recovery funds, which may

federal student loans. See

balance on your private student loans after your

See

to get the private student

costs of tuition and fees, books and

tion of your private student

dent loan but do not have a copy of the contract, you can contact your lender

How to Find Out Whether a Loan is Federal or Private

Glossary

are eligible for a federal closed school

refund or help you pay your private loans if

school refund.

loan. You should check with

loans.

supplies to the Department of Educa-

discharge. You may also be entitled to a

you apply by your state’s deadline. To find

to request it. Read it carefully to learn about your loan’s terms. Your lender must

your lender to make sure that

tion. (This is not the same as a federal

partial refund of your loans. See

out if your state has a fund and whether

honor these terms.

This information is necessary to determine what options are available to

you do not have a balance on

closed school discharge).

cc/partialrefund.

you qualify, check cc/statefunds

your private student loans

•

Program: Also referred to as a program of study or degree program. This is your

help you. Sallie Mae loans can be federal or private. The best way to be

and contact the agency linked in the list.

after your school refund.

specific area of study at your school. Some examples include medical assisting,

sure about your loan is to call 1-800-4-FED-AID (1-800-730-8913) or log

How to tell if your state has a

See

medical billing, and business accounting. You can find your program on your

on to the National Student Loan Data System (NSLDS). Any loans you

See

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state tuition recovery fund

Glossary

If you used any portion of

find on NSLDS are federal loans. Any loans that are not included in the

enrollment agreement.

Federal Closed School

your loans for living expens-

database are private loans. Log on at cc/NSLDS:

There are a number of other reasons that

•

School refund: This is defined by a special agreement between Corinthian

es, transportation costs, etc.,

Discharge

Eligible loans: Federal

•

You can use the same Personal Identification Number (PIN) you

you might be able to discharge all or

Eligible students

and the Department of Education. If you qualify for a refund, Corinthian will pay

your school will not refund

student loans that

used for your FAFSA application.

that money.

part of your federal student loans. See

back the total costs of tuition and fees, books and supplies, and any other costs

were used to pay for

How to apply for a federal

See

How to apply for a federal

See

•

If you never had a PIN, or can’t remember your PIN, request a PIN at

your education at the

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closed school discharge

paid directly to the school by you, the federal government, and private lenders

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closed school discharge

school that closed.

cc/PIN.

for your attendance. This school refund is not the same as a federal closed

school discharge or cancellation of your private student loans.

•

If you request a new PIN number, you should be able to log on

To discharge any portions

Eligible students

You can ask your lender to

•

Servicer: Company that collects payments, responds to customer service in-

about one week after you request it.

Review your

If your lender does cancel

If you withdraw from your school, but

of your federal loans

private loan

cancel your loan, but your

quiries, and otherwise manages your federal or private loan. Servicers process

If you choose not to

your private student

not refunded by your

you complete a comparable program

contract

lender may not be required by

If you complete a comparable program at

participate in a teach-

loans, remember that

deferment and forbearance requests, federal closed school loan discharge

school, apply for a

at another school using any transfer

How to Tell if Your State Has a State Tuition Recovery Fund

law to cancel your loan even

another school using any transfer cred-

to see if it

there may be tax conse-

out or try the teach-out

federal closed school

credits from your closed school, you

applications, and keep loan records. Servicers also work with you to find repay-

its from your closed school, you are not

includes any

though your school closed. If

but drop out before you

quences. You should get

discharge.

are not eligible for a federal closed

ment options.

options for

your lender refuses, talk to an

•

Many State Tuition Recovery Funds help students who have

eligible for a federal closed school

finish, you are eligible

tax help from a qualified

school discharge.

attorney about your rights:

discharge.

cancellation.

tax professional.

•

State Tuition Recovery Fund: State-managed way for students who have been

been hurt by their school, including students whose schools have

for a federal closed

cc/studentlegalhelp.

school discharge.

hurt by their school to get some or all

closed. Each state fund has its own conditions and deadlines. The

See

How to tell if your state has a

of their money back or get their loans

following states have funds; their contact information is linked at

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state tuition recovery fund

Eligible loans: Federal

If you withdraw within 120 days be-

cc/statefunds:

repaid or cancelled.

student loans that were

fore your school closes or you are on an

If you choose not to participate in

If you choose to participate in

used to pay for your edu-

•

Teach-out: A teach-out is an arrangement that allows you to complete your

a teach-out or try the teach-out

approved leave of absence when your

Arizona

Nevada

a teach-out and you complete

but drop out before you finish,

cation at the school that

school closes, you are eligible for a federal

program even if your school closes. You might have to complete your program

Arkansas

New Hampshire

the teach-out, you are not

closed.

closed school discharge.

you are eligible for a federal

at a different school to participate in the teach-out. You will not have to pay

On or after June 22, 2014

eligible for a federal closed

California

New York

closed school discharge if

[You will be required to meet

more to finish the term that you already paid for. You will have to pay more,

school discharge even if

Connecticut

North Carolina

your campus closes before you

with your Director of Education. During or after this meeting, you have

your campus closes.

however, for any new terms you did not already pay for. Corinthian has not fi-

the right to choose one of the following two options. If you do not make a

Florida

Ohio

finish your program.

nalized all of its teach-out plans. For the status of your school’s teach-out plan,

choice or if your school does not offer a teach-out, your school must with-

Georgia

Oregon

draw you from your program and give you a school refund.]

see cc/aboutcorinthian.

Indiana

Tennessee

•

Withdraw: Withdrawing means that you stop attending a school before you

Kentucky

Texas

finish your program. To protect yourself, you should withdraw by following the

Louisiana

Virginia

specific procedures in your enrollment agreement. You should deliver a letter

Maryland

Washington

Nebraska

stating that you are withdrawing, both dated and signed, to your school, and

Withdraw

keep a copy for yourself. However, for federal student aid purposes, the last date

•

Some states have another type of program, called a bond program,

of attendance is the date of withdrawal.

to help students in situations like yours. Contact your state postsec-

Participate in a teach-out

ondary education oversight agency to find out whether your state

at a different school

offers a bond program that helps students whose schools have

[The following only applies if your campus closes and you

closed. You can also find out what programs your state may offer at

are offered a teach-out. If your campus stays open and you

How to File Complaints

cc/staterelief.

choose to finish your education there, then you will not be

eligible for the cancellation of your student loans.]

➤ Filing complaints with these organizations may not help you resolve your individual issue,

How to Apply for a Federal Closed School Discharge

but you should consider filing a complaint with government authorities. When multiple

Your Private Loans

Your Federal Loans

people report similar problems, authorities are more likely to take action.

Any other money you

•

Fill out a federal closed school discharge application form and

paid your school (Cash,

Your state should make sure that businesses do not cheat customers.

☛

How to find out whether a

See

School Refund

Check, Credit Card)

submit it to your loan servicer. You can find your servicer’s name

• Your state’s attorney general should take consumer complaints. Find yours

How to find out whether a

: Your

See

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loan is federal or private

bar

and address on any recent statement, by calling 1-800-4-FED-AID,

Side

loan is federal or private

school will repay all money it

here: cc/StateAGs.

bar

or by logging onto the National Student Loan Data System.

received from your lender for

There are a number of other

• The state agency that oversees for-profit schools. There is a list of these agen-

Your Private Loans

your attendance. Your school

reasons that you might be able

Any other money you paid

There is no deadline to apply.

Your Federal Loans

cies for each state here: cc/stateagencies.

to discharge all or part of your

will repay to you any origina-

your school (Cash, Check,

• There are also state-wide and local consumer agencies in every state. Find

•

The application and a self-help packet about applying are available

See

How to find out whether a

federal student loans. See

Credit Card). These may be re-

tion fees or other fees you had

School Refund

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See

How to find out whether a

loan is federal or private

yours here:

at: cc/closedschoolform.

: Your

imbursed by your state tuition

to pay to get the private stu-

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loan is federal or private

school will return all federal

cc/consumeragencies.

If you used any portion of your loans for

dent loan. You should check

recovery fund.

•

If your federal closed school discharge application is granted:

School Refund

student loan money it received

living expenses, transportation costs, etc.,

: Your

The U.S. Department of Education accepts complaints about your school not treat-

with your lender to make sure

☛

☛ You will no longer have to repay your federal loans

on your behalf to pay the total

your school will not refund that money.

school must repay any direct

ing you fairly or giving you what you deserve.

that you do not have a balance

costs of tuition and fees, books

payments you made to the

on your private student

• You may file a complaint with the Department of Education by emailing Compli-

☛ You should be reimbursed for anything you paid on your federal

and supplies to the Department

school for your attendance.

loans after your school

anceComplaints@ed.gov, calling 1-877-557-2575, or by submitting a complaint

loans.

of Education. (This is not the

refund.

to the Office of Inspector General (1-800-MIS-USED or at

same as a federal closed

☛ If you made any late payments or defaulted, the Education

school discharge.)

about/offices/list/oig/hotline.html.

Department should remove any negative information from your

To discharge any portions of your federal

State Tuition Recovery

☛

Veterans may submit complaints about schools or loans to the VA GI Bill Feedback

loans not refunded by your school, apply for

credit report.

Whether you participate in

Cancellation

a federal closed school discharge.

Federal Closed School Discharge

system:

Fund.

the teach-out or not, you

If you complete a comparable program at another

There are 21 states with state

by your lender.

cc/VAfeedback.

will not be guaranteed a

How the Various Lawsuits Against Corinthian Affect You

school using any transfer credits from your closed

tuition recovery funds, which may refund

cancellation of your private

The federal Consumer Financial Protection Bureau takes complaints about private

☛

school, you are not eligible for a federal closed

See

How to apply for a federal

Federal Closed School

or help you pay your private loans [direct to

student loans. However,

student loans, at cc/CFPBcomplaints or (855) 411-CFPB (2372). It also

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closed school discharge

school discharge.

sidebar] if you apply by your state’s deadline.

•

Several states, including California, Wisconsin, and Massachusetts,

Discharge.

you may have some options

takes complaints about for-profit schools.

To find out if your state has a fund and

to cancel your private stu-

have sued Corinthian Colleges for cheating students and violat-

If you have a problem with Corinthian, you may file a complaint with Corinthian

whether you qualify, check cc/

☛

dent loans.

ing consumer protection laws. The Consumer Financial Protection

by calling this number: 1-800-874-0255.

statefunds and contact the agency linked

Bureau (CFPB), a federal agency, has also sued Corinthian Colleges

in the list.

See

Glossary

for deceptive and abusive practices.

If your campus stays open and Corinthian continues to

•

Although it is possible these lawsuits may eventually result in some

teach classes there, you are not eligible for a federal

Only federal student

In general, you are not eli-

There are a number of other

Eligible students:

closed school discharge.

money being paid to students, you will not know this until these

reasons that you might be able

loans that were used to

gible for a federal closed

lawsuits are finished. Right now, all of these lawsuits are in early

to discharge all or part of your

pay for your education at

school discharge if you

the school that closed

complete a teach-out. If

stages, and it is hard to know when they will end and what their

federal student loans. See

are eligible.

you enter a teach-out pro-

outcomes will be. Lawsuits can take many years.

gram but do not complete

If your lender does help

Review your private

•

What you need to know is that these lawsuits do not affect your

If you withdraw within 120 days before your school

it, then you are eligible for

You can ask your private lender to

Eligible loans: Federal student loans

you cancel your private

loan contract to see

closes or you are on an approved leave of absence

cancel your loan, but these lenders

student loans or help you in any way right now. For the time being,

a federal closed school

that were used to pay for your educa-

student loans, remember

if it includes any op-

may not be required by law to cancel

when your school closes, you are eligible for a federal

discharge.

you are still responsible for your federal student loans and pri-

tion at the school that closed.

that there may be tax con-

tions for cancellation.

your loan even though your school

closed school discharge.

vate student loans. If you fail to make on-time payments or make

sequences. You should

closed. If your lender refuses, talk

get help from a qualified

other arrangements with your lenders, there may be consequences

to an attorney about your rights:

PROJECT ON PREDATORY

tax professional.

for you, including negative information on your credit reports.

cc/studentlegalhelp

STUDENT LENDING

LEGAL SERVICES CENTER OF

HARVARD LAW SCHOOL

How To Get Rid Of Student Debts From Everest Schools

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