Are you a Blue Cliff College Graduate feeling overwhelmed with your student loan debt? There is good news for you. The US government offers various loan forgiveness and repayment options to make your student loan debt more manageable.
This article will discuss the different loan forgiveness and repayment options available to Blue Cliff College graduates.
About Blue Cliff College:
Blue Cliff College is a for-profit college with locations in Louisiana, Arkansas, Mississippi, and Alabama. The college offers diploma and degree programs in various fields, including business, healthcare, information technology, and criminal justice.
Blue Cliff College is accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC).
Loan Forgiveness Options:
There are several loan forgiveness options available to Blue Cliff College graduates.
Public Service Loan Forgiveness Program
The Public Service Loan Forgiveness Program (PSLF) is a federal program that forgives the student loans of borrowers who work in public service. To qualify for PSLF, you must make 120 qualifying payments on your student loans while working full-time for a qualifying public service organization.
However, thanks to a recent change in the program, some requirements have been eased out. A waiver from the Department of Education allows borrowers to qualify for forgiveness based on their qualifying public service employment regardless of their loan type or repayment plan.
This new waiver is set to expire on October 31, 2022.
To know more about this, please click here.
Income-Driven Repayment Plans
If you’re struggling to make your monthly student loan payments, you may want to consider an income-driven repayment plan.
Under an income-driven repayment plan, your monthly student loan payment is based on your income and family size.
There are four income-driven repayment plans available for federal student loans: the Income-Based Repayment Plan (IBR), the Income-Contingent Repayment Plan (ICR), the Pay As You Earn Plan (PAYE), and the Revised Pay As You Earn Plan (REPAYE). These plans are designed to make your student loan payments more affordable.
Each plan has different eligibility requirements, and the amount of your monthly payment will vary depending on your income and family size.
Student Loan Consolidation
Student loan consolidation is a process of combining multiple student loans into one loan. This can be helpful if you’re struggling to make payments on multiple loans. Consolidating your loans can lower your monthly payment by extending the repayment term.
If you have multiple federal student loans, you may be able to consolidate them into a single loan. This can make your monthly payments more affordable and simplify your loan repayment process.
Borrower Defense to Repayment
The Borrower Defense to Repayment program is a federal program that forgives the student loans of borrowers who have been defrauded by their schools. If you believe that Bennett College defrauded you, you may be eligible for loan forgiveness.
To apply for loan forgiveness, you must submit a complaint to the Department of Education. The Department of Education will investigate your complaint and determine if you are eligible for loan forgiveness.
If your complaint is approved, your loans will be forgiven.
TPD discharge
The TPD discharge is a federal program that forgives the student loans of borrowers who cannot work due to a disability. To qualify for a TPD discharge, you must provide documentation that shows your disability prevents you from working.
This can come in a doctor’s note, a Social Security disability determination, or veterans Affairs disability rating.
If you qualify for a TPD discharge, your student loans will be forgiven.
Blue Cliff College Tuition and Fees
The cost of attendance at Blue Cliff College varies depending on your program. The table below shows the estimated cost of attendance for a full-time student.
Tuition and Fees: $16,549
Room and Board: $8,642
Books and Supplies: $248
Other Expenses: $1,650
Total Cost of Attendance: $27,089
If you have any questions about the cost of attendance, please get in touch with the Blue Cliff College financial aid office.
Blue Cliff College Acceptance Rate
The acceptance rate at Blue Cliff College is 100%. This means that every student who applies to the school is accepted.
To be eligible for admission to Blue Cliff College, you must have a high school GPA of 2.0 or higher.
Blue Cliff College Graduation Rate
The graduation rate at Blue Cliff College is 67%. This means that approximately two-thirds of students who enroll in the school can graduate.
The graduation rate at Blue Cliff College is higher than the national average. However, the school offers a number of resources to help students graduate, including tutoring and career counseling.
Blue Cliff College Reviews
Blue Cliff College has a mixed reputation. Some students say that the school is a great place to get an education, while others say that the school is a waste of time and money.
On niche.com, Blue Cliff College has a 2.5-star rating. Most reviewers had negative things to say about the school, citing high tuition costs and poor instruction.
Need Help with student loans?
If you’re having difficulty keeping up with your student loan payments, or want to learn more about your alternatives, do not hesitate to contact us. You can call or fill out a form and speak to one of our student loan advisors.
We have a number of resources that can help you make the best decision for your financial future.
