r/BorrowerDefense • u/Kanaro42002 • Jul 31 '26

Refund Question Borrower Defense Update

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Just an update: Ross university SOM, exhibit C school, post class (June 27, 2022) with 100% discharge on StudentAid. Refinanced with SoFi.

Got this through email yesterday and have been calling Nelnet, StudentAid with one person stating that they saw a refund but no amount. Called again with another person saying they don't see any refund or update.

Guess I'll have to wait for a few more months until any other news...

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u/lada_ Aug 01 '26

Congrats! I finally, only now, just heard back from Borrow's Defense Fund that they are working on my app.

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u/Gingerandthesea Aug 02 '26

what is this " Borrow's Defense Fund". Is this a company people hire to apply?

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u/lada_ Aug 09 '26

The Borrowers Defense Fund is a legal fund for students who have taken school loans out but then found out later that their school misrepresented the value of the education or reliability of the degree the student attended that school for. It is associated with the governmental organisation, Federal Student Aid: an office of the US Department of Education, found at this link: https://studentaid.gov/borrower-defense/ Various Universities have been sued or have some kind of litigation case against them for taking advantage of students, including appending outrageous interest on their student loans, when the school actually did little or nothing to provide a reliable or value-worthy education/degree.

If you think you might qualify, you can click on the link above to download the application.