Just like that--ITT Technical Institute is no more.
After the late August decision by US Department of Education to increase oversight and halt funding loans for new students, on Tuesday the school decided to shut down altogether.
But Arizona students have been down this road before with closures at Bryman School and Anthem College with students left behind.
And while it may not be fair, it's important for students to know: you have options.
For current students enrolled at the four campuses in our state, the Arizona Board for Private Postsecondary Education (AZPPSE) will be a great resource. The board is looking for local schools that will take ITT credits and allow you to finish your degree with as little interruption as possible.
Another option for current students and those that have withdrawn within the last 120 days may be eligible for "Closed School Loan Forgiveness" through the US Department of Education.
The AZPPSE recommends all students apply for forgiveness in just in case some credits are not accepted at their new school.
Remember: loan forgiveness is absolutely free and can be applied for directly through the US Department of Education. Avoid any company that asks you to pay them.
Right now, you can still get your records directly from ITT. But we're not sure how long that will last, so I'd put in for those ASAP.
The state tells me it's working to get transcripts from ITT to hold them for Arizona students. So again, stay in touch with them.
Need my help?
Call the Assistance League of Phoenix volunteers at 1-855-323-1515. You can also send me an email email@example.com or a video email where you attach a video explaining the problem.