ITT Students: Apply Now For Student Loan Debt Relief

ITT Students: Apply Now For Student Loan Debt Relief

RALEIGH, N.C. -- North Carolina Attorney General Roy Cooper is urging students who were enrolled in ITT Technical Institution to apply for student loan debt relief. 

According to NC Department of Justice, more than 1,000 ITT students in North Carolina could get their student loans forgiven. 

ITT Technical Institution shut down campuses nationwide earlier this month when the U.S. Department of Education called for additional oversight to address the college's ongoing failure to meet accreditation standards. 

ITT Tech had campuses in High Point, Durham, and Charlotte. 

North Carolina students who attended ITT Tech have two options for relief: apply to have their loans forgiven, or transfer their credits to a new school. 

One school that is helping ITT students is GTCC. Guilford Technical Community College is offering a College Level Examination Program (CLEP) where students can earn college credit in 25 subjects. Since GTCC cannot accept ITT credits, this is another way to earn credits without taking the classes over again. 

You can visit GTCC's website for get more information. 

Apply for loan forgiveness: Closed-school federal student loan discharge

  • Available to students attending ITT when it closed on Sept. 6, 2016 and students who withdrew from ITT on May 6, 2016 or after.
  • Your student loan debt may be forgiven and you can restart at another school if you wish.
  • Instructions available on the ITT Announcements Page from the U.S. Department of Education.

Transfer credits to a new school 

  • If you wish to complete your program, try to transfer your ITT credits to a different school.
  • Contact your local North Carolina Community College to see if your ITT credits will transfer to a similar program available in your community.
  • Verify with the school you select in writing that your ITT credits will transfer. If credits will not transfer, apply for loan forgiveness instead.
  • If you transfer credits, you likely will not be able to have your ITT student loans forgiven.
  • To get student records and transcripts for a transfer, see ITT’s closure information.

ITT students click here to apply for student loan debt relief.

 

Copyright 2016 WFMY


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