Trade School Debt


Conned By Your Trade School and In Debt for the Tuition?
Be Set Free of Your Student Loan!

Do These Conditions Apply to You?

The School Didn’t Provide An Effective Education

The School Closed

The School Didn’t Properly Refund Tuition
  • You went to a trade school (such as Cambridge Technical Institute, PSI Institute, Dret School) after January 1, 1986

AND 

  • Did not have a high school diploma or GED when you started at the school;

 AND 

  • Did not get a diploma or GED while enrolled in the school.

 

  • You went to a trade school (such as Cambridge Technical Institute, PSI Institute, Dret School) after January 1, 1986;

AND 

  • The school closed while you were attending OR within 90 days after you withdrew.

 

  • If you took out a student loan after January 1, 1986;

 

AND 

  • Attended less than 60% of the program of study at a trade school (such as Cambridge Technical Institute, PSI Institute, Dret School);

 AND 

  • The school did not refund any of the loan back to the lender.

 

THEN:

            You might not have to pay your student loan. The legalese for this is that the Department of Education may decide to discharge your student loans under Federal Regulation 34 C.F.R. § 682.402.

 HOW CAN I MAKE THIS HAPPEN?

 Fill out the appropriate application below. You can fill it in online if you wish and print it. After you print, send it to the US Department of Education at the address below. There is only one page to fill out. Instructions are on page 2. The application is in a format that can be read and filled in using Adobe Acrobat Reader. If you do not have Adobe Acrobat Reader, you can download it at no charge by pressing the Get Acrobat Reader button.




Application for Loan Discharge: Ineffective Education


Application for Loan Discharge: School Closure


Application for Loan Discharge: Unpaid Refund


Application for Loan Discharge: Total and Permanent Disability

 To complete the application:
 

1.               Click on the appropriate link above to get the proper discharge application. 

2.                  Fill out the application as completely as possible, but only answer the questions you know. 

  • Click with the mouse on the space where you wish to begin typing. 

  • Type on top of the form.

  •  Move around the form with the mouse or the “tab” button.

3.                  After completing the application, print and sign it.

4.                  Mail the application to:

                         United States Department of Education
                         Debt Collection Service
                         Loan Discharge Applications
                         P.O. Box 422037
                        San Francisco, CA  94142

 While the U.S. Department of Education is deciding whether to discharge your loan, your loan should be in “forbearance.”  Forbearance means that you do not have to make payments, but interest will still be added to your balance.  If your loan is not discharged, you will have to start making payments again.  The Department of Education will send you a written decision.

Questions?   If you need help, please call the Federal Student Aid Information Center at 1-800-433-3243.

 


 

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