The Art Institutes Loan Resolutions Tag Team Members

As you’ll have heard there are multiple companies promoting student loan debt relief offers for a fee which we would like to make sure our students & graduates aren’t paying for information that they’re going to get for free of charge of charge … Here you’ll find a group of resources available to assist you to manage your student loans, potentially reduce your risk of default and other tools which can be an honest suit your needs!

How familiar are you with the Income Based Repayment programs and other ways during which you’ll reduce or possibly postpone your payment if needed?

As an alumnus of Ai, you’ve got an obsessive team of loan specialist to help you understand and apply for all of the federal loan repayment options that are available to you! Worried about how you’re getting to repay your federal student loans?
The Ai loan resolution team is ready to help you discover the solution that’s the right suit your circumstances! Why worry another second? Give them a call today! have you ever ever signed up for iGrad? iGrad could also be a resource that’s designed to empower you to make effective financial, student loan, and career decisions, not only before school, but throughout your life!

f you’ve got Federal student loans related to one of the Art Institute schools that has now closed down, you’ll be able to qualify for having your loans forgiven, maybe even entirely.

The Department of Education has agreed to expand the quantity of eligibility under the Closed School Student Loan Discharge Program.

The Department of Justice charged Education Management Corp, which also happens to be the former owner of the Art Institutes, a total of $11 billion for federal funding fraud. To prevent further liability and legal actions from various stakeholders, Education Management Corp consented to settle $95 million. The Art Institutes are not the only higher education institutions caught in the net of these lawsuits. Between 2016 and 2019, about 50 chain and individual colleges were made to forcefully shutdown. A good example is the case of ITT Technical Institute, Brightwood Career Institute, and Le Cordon Bleu Colleges.

Like the Art Institute, the closure of these institutes means enrolled students who took student loans are eligible for loan forgiveness. Keep in mind that different eligibility and requirements will apply to different schools and students. Students of the Art Institute, who were affected by the fraudulent dealings and closure of Education Management Corp schools can find vital information concerning art institute loan forgiveness on this page.

Type of Art Institute Loan Forgiveness
There is a glimmer of hope for students whose present and future financial conditions were affected by the recent closure of the Art Institute colleges. A large portion of students are getting loans forgiven under the Art Institute loan forgiveness programs. Students caught in the unfortunate incident of Educational Management Corporation’s demise can apply for loan forgiveness in two ways:
The Closed School Student Loan Program
The Borrower’s Defense against Repayment Program

The first student loan forgiveness program (The Closed program) is operational under the federal government’s long-standing intervention in the case of students from colleges that were closed down due to one reason or the other. Therefore, if your college closed down before you get the chance to finish your education, you may be eligible for this discharge program. Under this program, you must have left the school no more than 120 days before its closure, or you were still a student at the art institute before its close down.

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