Art Institute Student Loan Forgiveness

Art Institute announced the closure of its eighteen campuses in the summer of 2018. Till that time, the university faced many legal claims that undermined its quality of education and management. Therefore, the closure created an opportunity for students to benefit from the Art Institute Loan Forgiveness program.

It is now time for you to use the charges in your favor and possibly get all of your student loans forgiven! Fill out the form to see if you qualify for the forgiveness program.

Allegedly, the Art Institute lost accreditation status for its several locations in January, 2018. However, the officials did not inform the students about this news and kept enrolling them in the classes. Students continued to accumulate debt for several months to attend unaccredited courses. Lawsuits against the Secretary of Education were also common as House Democrats claimed that the Department helped the institute to deceive students. Allegedly, they helped the Art Institute to get its accreditation back and kept students unnotified about the loss of status. In one case, in October of 2018, former students revealed the documents that the Department provided federal aid to the institution illegally. The reason is that the institutions without accreditation cannot receive funding based on state laws.

Some former students also claimed that the institution informed them about an unexpected shortage of loans. Then, the officials pressured students to get new loans. Even if they could not afford the loans, they agreed because otherwise, students were obliged to leave school. 

Students also complained that the institute recruited educators who lacked skills for teaching. Some of them even could not speak English properly. Another issue was the false job promises. While they promised to help students find a job, they failed to keep their promises. Even when students applied to vacancies, they found out that they were unprepared for the tasks related to their job. 

In case you cannot prove that this school did any of these unlawful and fraudulent actions against you, then you can get the help of Borrower’s Defense Against Loan Repayment program.

If you had studied in the Art Institute Loan Forgiveness when it closed or shortly before the closure, you could get rid of your debts fully or partially. Two federal programs help students of defunct schools to eliminate debt they accumulated for educational purposes. These are Closed School Discharge and the Borrower’s Defense Against Repayment plan. You have to choose between these programs based on your qualifications. As you cannot apply both, you should decide which aid will benefit you more. Hence, read the following sections of the Art Institute Loan Forgiveness carefully to have full information about the programs. Alternatively, you can get our professional help to find the best program that suits your qualifications.

This option for Art Institute Loan Forgiveness benefits students who could not complete their education and get a degree as the school closed. You can get a 100% elimination of your federal loans through this program. It applies to Direct, Perkins, and Federal Family Education loans. You need to be enrolled at the time of closure or on leave to be eligible. 

What makes the program different is that the eligibility period for withdrawals is around six months. While usually there is only a four-month limitation, the Department of Education extended this to six months. Hence, students attending the school after January 20 of 2018 are qualified for this program. As mentioned before, the decision of extension until January happened due to the loss of accreditation. As they lost status at the beginning of 2018, the eligibility extended to that date. Additionally, if you completed your degree in another school through teach-out or credit transfer, you will not be eligible for Discharge.