INDIANAPOLIS -- There could be more trouble brewing for for-profit colleges after the U.S. Department of Education has announced it is cutting ties with their largest for-profit accreditor.
The government says the Accrediting Council for Independent Colleges and Schools has been too lax in its oversight of for-profit colleges.
Carmel based ITT Tech shut down earlier this month after the Federal Government barred the school from enrolling students who use Federal Financial Aid.
A meeting will be held on Wednesday, September 28, for former ITT Tech students. Representatives from five schools will be on hand to provide future education options for those affected by the shutdown.
The meeting will be at Ivy Tech’s Fall Creek campus from 4 p.m. until 7 p.m.
RESOURCES FOR ITT STUDENTS
• Visit www.che.in.gov to access all resources and information in one location.
• Transcripts: ITT students who have been affected by the closure may access unofficial transcripts and records through ITT’s websiteand should submit a formal request for their official transcript through the Indiana Archives and Records Administration.
• Loan Forgiveness: Some ITT students may be eligible to have their federal loans discharged. Students should go directly to the U.S. Department of Education websiteto learn about eligibility and steps required to apply for a closed-school loan discharge.
• Adult Scholarships and Resources: For adult learners, Indiana’s You Can. Go Back. initiative provides $1,000 scholarships and a college-match app to help adult Hoosiers find the right program for their unique needs and aspirations. Learn more at YouCanGoBack.org.
• Learn More Indiana: Students should explore their options carefully before deciding to enroll and invest in a postsecondary program. There are many resources available to help Hoosiers make the best decisions aligned to their personal goals, financial situations and scheduling needs. LearnMoreIndiana.org is a State-sponsored online resource for Hoosier students to learn about different college programs and potential return on investment one, five and ten years after graduating
