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As Florida Coastal tries to get student loan funds reinstated, ABA seeks teach-out plan
The Florida Coastal School of Law. Photo from Wikimedia Commons.
The U.S. Department of Education has terminated the Florida Coastal School of Law’s access to federal student financial aid, and the for-profit school has been directed to file a teach-out plan with the ABA’s Section of Legal Education and Admissions to the Bar.
The school learned Thursday that its Title IV eligibility was cut off and claims that it is related to a new DOE policy that requires a signature from a school investor, News4Jax reports.