April 22, 2019

Important Announcement Regarding Loan Forgiveness Scam

By B&SC News Team

Important Announcement Regarding Loan Forgiveness Scam

There are several companies currently targeting Bryant & Stratton College students and alumni purporting to assist with student loan forgiveness and consolidation. 

These companies are unlawfully using Bryant & Stratton College’s name, logo, and photographs to create the impression that Bryant & Stratton College has endorsed or supports their fraudulent student loan forgiveness program. These companies are marketing their scams through Facebook News Feeds, robocalls, and websites and operating under several different names. 

Representatives will promise that the government will forgive your student loans if you can show financial hardship in as few as 3 months. They will encourage you to provide them your name, social security number, and credit card or bank account information. Please do not respond to any companies who advertise to help you have your loans forgiven. If you are looking for advice on student loan repayment options, loan consolidation, or possible student loan forgiveness, Bryant & Stratton College and the federal government provide free resources to assist you.

For more information on the name of your lender(s) and servicers, the amount of money you owe, and your available repayment options, please log on to www.studentloans.gov. This is a legitimate, free, online resource offered by the U.S. Department of Education. In addition, you may contact your Financial Aid office for assistance on student loan repayment. If you believe you may have been a victim of a student loan scam please contact your Financial Aid Department immediately to determine if you need to take additional steps to ensure your student loan accounts are being managed properly.

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