3 Connecticut Schools Settle Loan Accusations With Donations
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
HARTFORD, Conn. — Three Connecticut schools have agreed to donate tens of thousands of dollars to scholarship funds to settle allegations that they received benefits in exchange for giving preferred lender status to a student loan company.
In an agreement announced yesterday by state Attorney General Richard Blumenthal, Fairfield University, Sacred Heart University, and Trinity College denied allegations that they violated laws governing financial aid.
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