Frequently Asked Questions About Corinthian Colleges | Federal Student Aid

Frequently Asked Questions About Zenith Education Group and Corinthian Colleges

Frequently Asked Questions About Corinthian Colleges

Questions About Schools That Zenith Has Acquired
Questions About Schools That Zenith Plans to Teach Out
Questions About Eligibility for Federal Student Loan Discharge
Questions About Sources of Additional Information

Questions About Schools That Zenith Has Acquired

1.       When did the sale take place?

Zenith finalized its acquisition of more than 50 Everest and WyoTech campuses from Corinthian College on Feb. 2, 2015. View the list of campuses acquired by Zenith.

2.       What are my options for continuing my studies if my school was sold?

This change in ownership has no immediate impact on your ability to continue your studies at your school or to receive federal student aid funds from the U.S. Department of Education. In addition, you may be able to transfer to another eligible school that offers a comparable educational program. If you transfer to another school, that school decides whether to give you credit for work you completed at your original school.

3.       Will I be able to finish the current semester/term?

This change in ownership has no immediate impact on your ability to complete the current semester or term. 

4.       Will I be able to complete my program?

Yes. If you wish to continue your program at your school, you will be able to complete your program of study at the appropriate Zenith campus. You may also be provided other options by Zenith staff for transferring to a different program. Further, if you do transfer into a comparable program offered by another school, that school will evaluate your Zenith/Corinthian course work and will decide whether to give you credit for the work already completed, and what courses you need to take to complete your program of study. 

5.       What happens to my student loan or Federal Pell Grant under the acquisition?

Your student loan and Pell Grant eligibility will remain the same while the Zenith campus applies for eligibility to participate in the federal student aid programs under the new ownership.  

6.       Will I have to reapply for admission to Zenith?

No, former Corinthian students will not be required to reapply for admission to a Zenith school that has been acquired through the sale.

7.       Will the change in ownership affect my eligibility for federal student aid?

As long as the U.S. Department of Education continues to approve the Zenith school for federal student aid purposes, you will be able to continue to receive federal aid for which you are eligible.  

8.       If the U.S. Department of Education does not approve the school for federal aid purposes after the change in ownership, what are my options?

  • If the school closes, you may qualify for discharge of federal loans already received for attendance at that school.
  • If the school does not close, you may continue your enrollment in the program, but you will not be able to receive new federal student assistance, and will not qualify for discharge of federal loans already received for attendance at that school.
  • You may transfer to a school that is eligible to participate in the federal student aid programs, and obtain federal student aid funds to complete your program of study there.

9.       Will I have to reapply for financial aid?

No, you will not be required to complete a new Free Application for Federal Student Aid (FAFSA®) for the current term or award year. However, you may be asked to update your current FAFSA.

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Questions About Schools That Zenith Plans to Teach Out

10.   My school informed me that it is planning a “teach-out” for my program. What does this mean?

A teach-out means the school will complete instruction to all currently enrolled students, but not enroll any new students because it is planning on ceasing operations. 

11.   What are my options for continuing my studies if my school is being taught out?

Zenith has indicated its intention to conduct teach-out of the programs for 12 acquired schools. A teach-out provides the opportunity for you to finish your program at your school. However, you should contact the institution for additional information if you are enrolled at one of the schools Zenith plans to teach out.

12.   What happens to my student loan or Federal Pell Grant if my school is scheduled to be taught out?

If you remain enrolled in your program at Zenith and the U.S. Department of Education continues to approve the Zenith teach-out school for federal student aid purposes, there is no impact on your student loans and Pell Grant funds for which you qualify.  

13.   Will I be required to apply for admission at the school providing the teach-out?

No, you will not be required to apply for admission.

14.   Will I be required to reapply for financial aid at a school Zenith is teaching out?

No, you will not be required to complete a new Free Application for Federal Student Aid (FAFSA) for the current term or award year.   

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Questions About Eligibility for Federal Student Loan Discharge

15.   Will I be eligible for a closed school loan discharge?

You may be eligible for a 100% discharge of Direct Loans, Federal Family Education Loan (FFEL) Program loans, or Federal Perkins Loans you received to attend any school under either of these circumstances:

  • Your school closes while you're enrolled, and you do not complete your program, either at the closed school or another school. If you were on an approved leave of absence when the school ceased operations, you are considered to have been enrolled at the school when it closed.
  • You stopped attending your school within 120 days before it closed.

You are not eligible for discharge of your loans if your school closes and any of the following is true:

  • You have completed all the course work for the program, even if you have not received a diploma or certificate.
  • You stopped attending more than 120 days before the school closed.
  • You enroll in and you complete a comparable educational program at another school and receive credits for the classes you took at the closed school. However, if you enroll in this comparable program and complete it, but the new school does not give you credit for any coursework completed at the closed school, you would be eligible for a closed school discharge.

16.   Do I have the option to refuse the teach-out and get a closed school discharge?

  • If your school ceases providing instruction to complete your program and offers you the option to complete your education at another school, you may refuse the option and still qualify for a federal loan discharge. 
  • If you refuse the teach-out option, but you later enroll at another school in substantially the same program in which you had been enrolled, the school gives you credit for work completed at your current school, and you complete the program at that school, you may not qualify for closed school discharge.

17.   How do I apply for a closed school discharge?

Contact your loan servicer about the application process for getting your loan discharged. 

18.   How do I find out which loan servicer is servicing my account?

Log in to My Federal Student Aid or call 1-800-4-FED-AID.

19.   Am I eligible to have my private student loans forgiven?

Only federal loans are eligible for the closed school discharge described here. For information regarding any options that may be available with respect to the private loans you received to attend Corinthian, contact your private loan lender.

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Questions About Sources of Additional Information

20.   Where can I find information about my school if it was not included on the sale or teach-out school lists?

If your school was not impacted by the Zenith acquisition, it continues its operations under Corinthian Colleges. You should contact your school if you have questions regarding your current options. If your school closes before you are provided an opportunity to complete your program, you may be eligible for a closed school loan discharge.

21.   Where can I get information about the status of my school or the location of my school records?

Contact your school’s accrediting agency and state licensing agency. You may be able to find information about those agencies in your school’s teach-out plan. (A teach-out plan is a plan to complete or arrange for completion of instruction in cases in which a school is ceasing operations.) Alternatively, try an Internet search engine

22.   Where can I find information about the federal student aid I’ve received and how much more I might be eligible to receive?

For information on your federal student aid history and your remaining eligibility for certain federal student aid programs, please visit My Federal Student Aid. Note that you will need your Federal Student Aid PIN to access your information

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