benny25 Posted January 21, 2011 Report Posted January 21, 2011 Options for Students Faced with a School ClosureThe best option for students faced with a school closure is 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.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. There also may be other legal remedies available including a suit in small claims court. Here are the five key options for students faced with a school closure:1. TRANSFERStudents can transfer credits to another school offering similar courses. They should contact other schools about transfer eligibility.2. TEACH-OUTStudents who are within 90 days of graduation may be able to complete their studies at the closing school or other schools.3. SCHOOL REFUNDStudents can request a refund of tuition from the school in writing. Information on a particular school's refund policy can be found in its course catalog and/or enrollment agreement.4. DISCHARGE OF LOANIf students don't transfer or complete studies and they've received a federally subsidized loan, they may be eligible to have the loan discharged. Students should contact their lender or the U.S. Department of Education at 1-800-4-FEDAID or obtain more information, including a loan-discharge application, online at [url=http://studentaid.ed.gov/.]http://studentaid.ed.gov/.[/url]I read this in [url=http://www.bppe.ca.gov/students/options.shtml]http://www.bppe.ca.gov/students/options.shtml[/url]
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