I was suppose to recieve a student loan to cover a semester of schooling. I turned in all my paperwork on time and waited for my financial aid department to process everything. I checked up on my financial aid advisor every week, she assurred me everything was fine. They ended up not processing my information and the loan was never disbursed. My advisor then advised me to pull a private loan (Sallie Mae) to cover the debt. I did so. Can my Sallie Mae loan be forgiven? Can Legal action be taken against the school as the debt is the result of their negligence? What steps can I take now?
The amount in question is $5,000
Criminal Defense Attorney
I do not see negligence. You need to return to the financial aid office and receive an explanation as to your staus and availabilty for whatever loans you think you are entitled to. Good luck in school. Those are the steps in my humble opinion. I have yet to encounter a financial aid department, which exists to assist students, in being negligent. You recieved a loan, correct?
Very unlikely that you can bring any claim against the school or financial aid staff. You got the money and the money paid for education which you also received. So, your claim is not for forgiveness of your debt but, potentially, for the difference in terms between the loan you wanted to make and the terms of the loan you ended up making. The law is against you on this. You were not forced to borrow at all; you cannot prove that the loan you made is the only one you could have made. Most conclusively, your financial aid application materials expressly waived any claim on this basis. In short, there is no actionable claim for negligence here.
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