Legal Question in Credit and Debt Law in Illinois
In September 2009 I was a student at Illinois Wesleyan University and dropped a class and was still a full time student. However, my MAP, from the State of Illinois, grant changed but I was not informed of this until after the deadline for changing classes ended at my school. Prior to dropping the class I asked the Registrar's Office if it would change my graduation status in any way, they said no. After I was told that my MAP grant changed the school needed me to take out $600 in loans, I assumed this was to cover my MAP grant.
I graduated early in December 2009. I had a financial education meeting before graduation to discuss my payment plan of my loans upon no longer being a student, outstanding balance was not discussed. However, by February 2009 I was applying for graduate school and attempted to see my transcript. There was a hold. I asked why and they said that I owed $6000. Therefore, I missed the application date for graduate school.
I have no job and have no idea how this could be payed, along with my other $18,000 in loans. According to the school, there were notices sent to my parents but we have no record of them. Furthermore, the school is unwilling or unable to renegotiate in anyway since I am no longer a student there. Is there anything I can do?
1 Answer from Attorneys
You acknowledge you owe money. Thestudent handbook set forth rules regarding the availibility of transcripts when there is money due. Notices to your parent are not sufficient. You are and were entitled to notice. You had a duty to keep them advised of your current address. If they sent the notices to you at your last known address, that is sufficient. So now you want to apply to grad school and borrow more money, when you say you can not pay what you owe. Is that logical? Good Luck.