Did you know that if you withdrew from school, you may qualify as eligible for a refund? Through the Discharge Student Loans for Unpaid Refund, eligible students may be able to get some or all of their money back in the event that they have withdrawn from a qualifying school. Read on to see how you may be able to get some of your funds back if you withdrew from school.
You must have withdrawn from a school and qualified as eligible for a refund. You may qualify as eligible if you did not receive all or any other portion of the loans you initially paid, you may qualify as eligible. As a side note, it does not matter if the school is currently open or closed.
How much of a refund will I qualify for?
In terms of your refund, you will likely be eligible to receive up to the amount that was originally suppose to be refunded. For further disclosure on this, please reach out to your school’s admissions department.
What Loans Qualify?
The following loans qualify for Discharge Student Loans for Unpaid Refund. Please note that at this time, the below loans are the only ones that are currently accepted. You may want to reach out to your school to see if you qualify for this program or if new loans have been posted that would be approved for a refund.
• Stafford loans
• Consolidation loans
• Parent PLUS loans
• Grad PLUS loans
For more information please reach out to your school for a full list of terms and conditions.
How to apply?
In order to apply for you will want to reach out to the school you were attending previously. To see if you are fully eligible, reach out to the school you withdrew from and request a copy of their federal aid refund policy. This policy will highly what qualifies as refundable under the Discharge Student Loans for Upapaid Refund. It is important to follow the school’s guidelines when it comes to withdrawal procedures, otherwise, you risk not being eligible for a refund. Finally, you should still be able to contact your loan servicer to get more information in regards to a potential refund.