JACKSONVILLE, Fla. – It could be a temporary setback, or it could be a “death knell” as some has described it.
Florida Coastal School of Law in Jacksonville is scrambling to get federal financial aid reinstated for students.
A spokesperson for the college on Monday confirmed the school learned Thursday that its Title IV student loan eligibility had been terminated, saying it’s the result of a new Department of Education policy.
Peter Goplerud, a dean at the school, explained that the new process requires a signature from an investor in the for-profit school. That entity couldn’t sign and has now divested its interests.
“We are working around the clock to get this matter straightened out and committed to and optimistic about the future of the law school,” Goplerud said.
Attorney John Delaney, the former Jacksonville mayor and former president of the University of North Florida, is about to become the temporary president at Flagler College. He laid out the high stakes involved for Florida Coastal.