The state Commission of Higher Education says help is available for the more than 560 students who were impacted when ITT Technical Institute closed its four campuses across South Carolina this week.
ITT issued the surprise announcement Tuesday as part of a nationwide closure, blaming the US Education Department for increased pressure and financial aid restrictions after the Accrediting Council for Independent Colleges and Schools (ACIS) said the national for-profit school was not in compliance with its accreditation standards.
Commission on Higher Education interim director Gary Glenn said former ITT students have two options moving forward. “Either they recover the funds that they’ve paid for education they did not receive or the better option is to find an institution that would allow them to transfer those credits,” he told South Carolina Radio Network. [Read more…]