On July 13, 2015, the Office of the Attorney General entered into an Assurance of Voluntary Compliance (AVC) agreement with Mid-Continent University to resolve allegations that between 2011 and 2014, Mid-Continent violated state consumer protection laws by failing to disclose to students that they would not be able to receive federal aid to pay their education costs at the university. Instead, students were signed up for or offered private institutional loans that offer fewer consumer protections. The AVC seeks to restore students' rights to what they would have been had they received the expected federal loans.
Under the terms of the AVC, Mid-Continent must offer affected students loans matching the terms and conditions of federal student loans for all remaining balances. Mid-Continent also must offer balance discharges or loan forgiveness to students who would have qualified for a federal closed school discharge of their federal loans.
Please click on the links below to access the Attorney General's press release, a list of frequently asked questions about the AVC, and the AVC itself. For further information, you may e-mail the Office of the Attorney General at firstname.lastname@example.org. You may also call 855-813-6507 or mail the Office of Consumer Protection, 1024 Capital Center Drive, Frankfort, KY 40601.