If you’re a former student of Keiser University, you may be eligible for loan forgiveness under certain circumstances. The Keiser University Loan Forgiveness Program is designed to help students who are struggling with student loan debt to receive relief. In this article, we’ll explore the eligibility requirements for the Keiser University Loan Forgiveness Program and how to apply for it.
What is Keiser University?
Keiser University is a private, non-profit university that offers undergraduate and graduate programs in a variety of fields. The university has several campuses throughout the state of Florida and also offers online programs. Keiser University is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) and has been in operation for over 40 years.
What is the Keiser University Loan Forgiveness Program?
The Keiser University Loan Forgiveness Program is a student loan relief program that is available to former students of the university. The program provides relief for students who are struggling with student loan debt and may not be able to repay their loans.
Eligibility Requirements for the Keiser University Loan Forgiveness Program
To be eligible for the Keiser University Loan Forgiveness Program, you must meet the following requirements:
- You must have attended Keiser University and received federal student loans.
- You must have withdrawn from the university before completing your program due to a school closure, unauthorized signature, or fraudulent misrepresentation.
- You must have been unable to complete your program because of the school’s actions.
- You must not have transferred any credits earned at Keiser University to another institution.
How to Apply for the Keiser University Loan Forgiveness Program
If you meet the eligibility requirements for the Keiser University Loan Forgiveness Program, you can apply for loan relief by following these steps:
Step 1: Contact the Department of Education
Contact the Department of Education to request a loan discharge application. You can call the Federal Student Aid Information Center at 1-800-4-FED-AID (1-800-433-3243) or visit their website to download the application.
Step 2: Fill Out the Application
Fill out the loan discharge application and provide all the necessary documentation, including proof of your attendance at Keiser University and proof of the school’s closure or fraudulent activities.
Step 3: Wait for a Decision
Once the Department of Education receives your application, they will review it and make a decision on your loan discharge request. This process can take several weeks or months, so be patient and wait for their decision.
FAQs
Can I get loan forgiveness if I graduated from Keiser University?
No, loan forgiveness is only available to students who withdrew from Keiser University before completing their program due to school closure, unauthorized signature, or fraudulent misrepresentation.
Will loan forgiveness affect my credit score?
No, loan forgiveness will not affect your credit score, but it may have tax implications.
Can I apply for loan forgiveness if I transferred credits earned at Keiser University to another institution?
No, if you transferred credits earned at Keiser University to another institution, you are not eligible for loan forgiveness.
Will I still owe money if my loan is discharged?
No, if your loan is discharged, you will not owe any money on the loan.
How long does it take to get a decision on my loan discharge application?
The decision on your loan discharge application can take several weeks or months, so be patient and wait for their decision.