Other Alumni Information
10/31/2023
Dear Presentation College Alumni,
As Presentation College ceased operations on October 31, 2023, all student records have been transferred to St Ambrose University (SAU). Please direct requests of your students records through SAU.
If you need a transcript, please email registrar@sau.edu.
Thank you.
Questions and Answers
Please contact Jenny jdix@presentationsisters.org for any questions regarding accounts payable.
Updated 1/17/23
Will my Presentation College degree be recognized as valid after the College closes?
Higher education degrees always remain valid if they were conferred by a fully accredited institution. Presentation College (PC) has remained fully accredited by the Higher Learning Commission (HLC) and will continue to remain accredited until the College voluntarily ceases to offer educational operations.
How will I be able to get a copy of my transcript going forward?
The College is making arrangements for St. Ambrose University (SAU) to house Presentation College records once PC ceases educational operations. Furthermore, as always, PC students and graduates can obtain copies of their transcripts through the National Student Clearinghouse.
How will my potential employers verify my education at Presentation College?
You can order a transcript from the National Student Clearinghouse to be sent directly to your employer for verification of your education.
Will there be a reunion event or other chance for PC alumni to visit campus before the official closure?
Alumni are welcome to visit campus. Unfortunately, the College will not be able to host a final in-person Reunion event. As a partnering institution and designated institutional records holder, St. Ambrose University (SAU) welcomes Presentation College alumni to join their alumni family. You will receive information from the St. Ambrose University Alumni Association regarding future alumni events, including Reunions and regional events near you. You will be able to opt-out of future communications from SAU if you choose.
How will alumni be able to stay in contact with one another?
St. Ambrose University (SAU) will serve as the designated records holder for PC alumni. Later this year SAU will send out information about how PC alumni can access it.
Will PC alumni communications such as Compass magazine continue to be accessible online?
We do not know yet whether historical issues of Compass magazine will continue to be accessible online. PC alumni will begin to receive the Scene Magazine from St. Ambrose University (SAU). PC alumni are welcome to submit class notes, alumni accolades, photographs, and story ideas to the SAU Magazine staff via the SAU alumni page.
Updated 1/17/23
Has my recent gift been processed and allocated?
Recent gifts made to Presentation College (PC) have been processed and allocated based on the designation selected by the donor. The College will continue to accept gifts from alumni and donors until it ceases academic operations in order to help current students.
What will happen to the College’s endowment and named scholarship funds?
PC’s endowment is made up of multiple funds, some of which are designated for specific purposes, such as named scholarships. The College is working with legal counsel to ensure that each endowed fund is aligned as closely as possible with donor intent as defined in the gift agreement. Donors and family members on record should expect additional correspondence about their particular gift and its future uses.
Will my planned gift be canceled?
Planned Giving donors will receive a communication in the near future with information about options to transfer planned gifts. Donors will be offered the opportunity to designate their gifts for the Nano Nagle Online School of Nursing at St. Ambrose University if they wish their gift to honor the legacy of the Presentation Sisters.
May I keep the plaque on campus that recognizes my gift?
If there is a plaque on campus recognizing your gift, we would be happy to send it to you after operations cease.
Updated 1/17/23
Will I receive the same financial aid package, including scholarships, at another college?
If you seamlessly transition to one of PC’s partnering Teach-Out Institutions, then you will be expected to pay the same net tuition costs to attend. The scholarships and other aid you receive may have different names or come in different amounts, but the portion of the tuition for which you are personally responsible should be the same or less than it would be at PC.
If you transfer to a non-partnering institution with whom PC does not have a Teach-Out Agreement, then you will need to work with that institution’s Admission and Financial Aid Offices on your financial aid package.
Throughout this semester, PC staff will be available to help you with this process and get you in touch with the right contacts who can answer your questions.
Can I get work-study at my new school?
If you qualify for federal work-study as part of your financial aid package, you can apply to work-study jobs at your new institution.
How will these changes impact my veteran (VA) benefits, such as the Post-9/11 GI Bill?
If you receive VA benefits at Presentation College, your benefits at another institution are likely to continue, but you should review your benefits with the VA representative at your future institution.
What should I do if I already submitted my FAFSA for 2023-24 at Presentation College?
If you filed a FAFSA® for the 2023–24 award year identifying Presentation College as the institution you would be attending, and need the information forwarded to another institution, visit fafsa.gov to make changes to your filed application.
Do I need to complete a new FAFSA?
If you have completed a 2022-23 or 2023-24 FAFSA for Presentation College, you will only need to add the school code of the new school. Once the Financial Aid Office knows where students will be transitioning, they can assist you in adding the school code.
What happens with my student loans and when do I have to begin paying them back?
You can find all your federal student loan information by accessing the National Student Loan Data System (NSLDS). You can access the site using your Federal Student Aid (FSA) User ID and qualifying personal identification information.
Once you graduate, drop below half-time enrollment, or leave school, your federal student loan goes into repayment. However, if you have a Direct Subsidized, Direct Unsubsidized, or Federal Family Education Loan, you have a six-month grace period before you are required to start making regular payments.
When your loan enters repayment, your loan servicer(s) will automatically place you on the Standard Repayment Plan. You can request a different repayment plan at any time.
Your loan servicer(s) will provide you with a loan repayment schedule that states when your first payment is due, the number and frequency of payments, and the amount of each payment.
Your billing statement will tell you how much to pay. Your monthly payment amount depends on your repayment plan. If you signed up for electronic communication, pay attention to your email. Most loan servicers send an email when your billing statement is ready for you to access online.
What if I decide to take a gap year or withdraw?
If you take more than 6 months off, you most likely will have to start repaying your loans, but financial aid advisors will provide exit counseling for each student making this choice to assess their individual circumstances.
Am I responsible for my balance at Presentation College if the College is closing?
Yes, you are legally required to pay any balance due to PC. If you are withdrawing from the Spring 2023 semester, then you should follow the steps to request a refund of applicable tuition and fees.
Can I discharge my student loans since the College is closing?
Loan discharge is the removal of your obligation to repay your loan under certain circumstances. There are certain eligibility requirements to qualify for a closed school loan discharge, and you must apply. You can either:
- Complete and return the Closed School Loan Discharge Application and return it to your loan servicer(s), or
- Contact your loan servicer(s) about the application process.
Your Closed School Loan Discharge Application must be sent to your loan servicer(s), not Presentation College. To find out who your loan servicer is, log in to My Federal Student Aid or call 1-800-4-FED-AID (1-800-433-3243; TTY for the hearing impaired 1-800-730-8913). Be sure to continue to make payments on your loan while your discharge application is being processed. If you do not meet the criteria for a loan discharge, you will be informed by your loan servicer(s) and must continue making payments on your loans based on the terms of your promissory note.
U.S. Department of Education Resources:
- Student Loan Repayment Questions: https://studentaid.gov/h/manage-loans
- Federal Loan Forgiveness: https://studentaid.gov/manage-loans/forgiveness-cancellation
- School Closed Information: Available for Direct Loans, FFEL Program loans, and Perkins Loans. Learn about the eligibility requirements for closed school discharge and how to apply- https://studentaid.gov/manage-loans/forgiveness-cancellation/closed-school
Important Contacts:
Federal Student Aid Information Center
1-800-4-FED-AID (1-800-433-3243; TTY for the hearing impaired 1-800-730-8913)
South Dakota Department of Education
605-773-3134
doe.sd.gov
What happens to my loans if I transfer to another institution?
If you choose to transfer, you will still be responsible for the student loans you borrowed for Presentation College, so it is important to address them. While your new institution should automatically report your enrollment, you are responsible for following up. If you fail to do so, you could end up owing loan payments because your loan servicer(s) think(s) you are no longer enrolled. Make sure your loan servicer(s) are aware that you are enrolled at a new institution.
Even after transferring, you are still responsible for repaying loans taken out to cover the costs of previous institutions. You should track all of the different loans you have taken out so you can make a plan for repayment upon graduation. You do not want anything to fall through the cracks when it comes time to repay your college loans.
Once you have communicated your plans, a financial aid counselor will schedule an exit interview with you to discuss the MASS No Interest Loan (if applicable) and Federal Loans (if applicable). You can also contact the PC Financial Aid Office throughout the process for advice on the transfer process and financial aid.