U.S. Secretary of Education Betsy DeVos announced today that more students who attended Charlotte School of Law can now be eligible for a closed school discharge.
“My focus is and will continue to be on doing what’s right for individual students,” said DeVos. “Several students, through no fault of their own, fell through the cracks as Charlotte School of Law closed. It’s important that they, too, are made whole.”
Typically, students who were enrolled when a school closes or withdrew not more than 120 days before the school closed can have their federal student loans from that school forgiven if they meet certain requirements. That 120-day window can be extended if the Secretary deems there are exceptional circumstances.
Given the atypical circumstances of this closure, the Secretary has extended the window.
As a result of the extension, which will be granted to student who withdrew on or after December 31, 2016—or 224 days prior to the school’s closure, nearly a dozen additional students and nearly 300 total student borrowers could now be eligible to have their federal loans forgiven.
For more information on closed school discharge and Charlotte School of Law, click here.