Florida Coastal School of Law ‘operated recklessly,’ loses federal student aid – jacksonville.com
The federal government has cut off student aid at Jacksonville’s Florida Coastal School of Law, saying that information in financial statements “raises substantial doubt about its ability to continue operations.”
The U.S. Education Department said Thursday it had rejected the school’s request to reinstate a contract for participation in federal student aid programs that expired March 31.
The agency said the law school hadn’t met standards for financial responsibility.
“Florida Coastal School of Law operated recklessly and irresponsibly, putting its students at financial risk rather than providing the opportunities they were seeking,” Richard Cordray, the department’s new chief of federal student aid, said in a news release about the decision.
The school has 10 days to appeal the agency’s decision, and college President Peter Goplerud said in emailed remarks that he was reviewing options and expects to talk more with agency officials.
“At this time, we are doing all we can to ensure our students receive the education they need to continue on their path to becoming attorneys. Today and tomorrow, our students are taking finals and our faculty and staff are focused on keeping the students on track.”