Do you want to know which benefits you have by receiving a closed school loan discharge?
Yes, go ahead.
You can have several advantages by receiving a closed school loan discharge.
What if I initially enrolled in a program, but decided not to continue with that program and transferred to another?
If you were then unable to complete the second program because the school closed, only loans you received for the second program could potentially be discharged.
Can I still get a discharge of the loans if my school closes down and I enroll in a similar program at another school?
Well, it depends.
Let's be more specific then. What if I completed a similar program through a teach-out?
In that case, by transferring academic credits or hours from the closed school, or by any other comparable means, you are not eligible for a closed school discharge.
Could I still be eligible for a discharge somehow?