As many as 8, ITT employees will lose their jobs as a result of the shutdown, the company said. The move comes after increased scrutiny from the Department of Education which claimed ITT encouraged students to sign up for federal loans while falsely promising employment opportunities. Last week, the U. Department of Education announced it would no longer allow ITT to enroll new students using federal aid to finance their education. King Jr. Secretary of Education. When we made that decision, we did not take it lightly.
Nationally, only about 25 percent of ITT students graduate and more than 30 percent default on their student loans. Student loans and ITT. Government officials said many of the students who are using federal loans to attend ITT will be eligible to have those debts discharged. You can see more information on that process here.
You can access the webinar link here. To do that, the Dept. The Dept. Image courtesy of fblumongoose Section Permalink Bookmark Section Share on Facebook Share on Twitter As previously announced, students currently enrolled — or enrolled in the last days — at one of the ITT Tech campuses are now eligible for a federal student loan discharge.
Any Pell grant received for programs at ITT will continue to count against your maximum eligibility. These loans are privately administered by a lender. But all is not lost for these borrowers, the Dept. A student who receives a discharge and then transfers credits, may be required to repay the discharged loan. To apply for loan forgiveness through a closed school discharge, you can either:. Students impacted by these closures may also be eligible for State Tuition Recovery Fund refunds.
To learn more, contact your state postsecondary education agency and see the Dept. If students have not received this email, they should contact the VA directly, the Dept.
For example, if students act quickly to transfer to a new school, you can preserve your remaining months of GI Bill eligibility and avoid the possibility of any break in housing allowance. Can I Continue My Course? Image courtesy of bluwmongoose Section Permalink Bookmark Section Share on Facebook Share on Twitter Students currently enrolled at ITT Tech may have the option to transfer their credits to another school and continue their course of study.
You can also request a preliminary transfer credit review, where we can review your unofficial ITT Tech transcript to see which of your credits might transfer here, even before you are admitted. View Tuition and Fees Details. Air Force Academy, to name a few , we can accept the following forms of financial aid and payments:.
Ebooks are provided at no cost if you are enrolled in undergraduate courses for credit. Accelerate your degree completion by taking full advantage of our transfer credit options , including credit for your previous college courses, military service schools, American Council on Education ACE and College Level Examination Program CLEP tests, and prior learning experiences. The university has educational partnerships with many employers and associations.
Be sure to accurately enter your employer information when you complete our admissions application.
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