What ITT Technical Institution Students Can Do Now….

According to the Department of Education, ITT students have several options:

  1. They can transfer their ITT credits to a new school, however, it’s up to the receiving institution if they will accept the credits. ITT’s own website warns students that “it is unlikely that any credits earned at the school will be transferable or accepted by any institution other than an ITT Technical Institute.”
  2. If ITT students don’t transfer their credits, they will likely be eligible for discharge of their student loans. Students will need their academic and financial records to apply. Contact the state licensing agency here for more information on records.
  3. Direct Loans, Federal Family Education Loan Program loans or Federal Perkins Loans can be discharged. If your loan discharge is approved, the U.S. Department of Education may be required to refund all or some of the payments a student made on their loan, as well as forgiveness of future payments. Students should contact their loan provider for specific information.
  4. If a person is in default of student loans at the time of the school’s closure, the discharge may erase the default status. If a person doesn’t have any other loans in default, they will retain eligibility for federal student aid.
  5. Students can appeal if their application for loan dismissal is denied. There is more information about that here.
  6. Veterans attending ITT will be covered under the same provisions related to loan discharge. However, veterans cannot be credited for the months of eligibility under the G.I Bill already used while at ITT. As many as 35,000 veterans attend ITT, according to Student Veterans of America.
  7. Students who received a loan through a private institution to pay for school should contact their lender about options.
  8. Past students, who have graduated or dropped out, can file claims to get their federal loans forgiven.

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Taylor Thomas is the local Morning News Anchor for the Steve Harvey Morning Show on 96.3 WHUR. You can also see her on Wednesday’s on NBC 4 at 4:30 for WHUR’s “Talk Around Town”. Taylor is a veteran news journalist with over 20 years of experience delivering news that matters. In 2006, Taylor Thomas joined the Award Winning WHUR News Department. She wears several hats at WHUR including producer/host of “Let’s Talk Money” on WHUR World HD2 and host of “PML- People, Money & Life on WHUR Voices Sirius XM Channel 141. Taylor grew up in a military family and calls Great Britain (where her mother is from) and the Philippines home. Taylor Thomas is a graduate of the University of Maryland at College Park with a Bachelor of Arts Degree in Speech Communication with a minor in Radio, Television, and Film. She is dedicated to uplifting and educating others about health, money and social issues.

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