The John Winsolow Institute, (a/k/a Joaldo, Inc.) Bulletin #3

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To: Current and Former Students of The John Winsolow Institute, (a/k/a Joaldo, Inc.) at 1150 Hancock Street, Quincy, MA 02169
Date: March 26, 2010
Re: School Closure - Teach Out Options

As stated in Bulletin #2, if you were unable to complete your course of study due to the school's closure, and if you were unable to have your debt cancelled using one of the remedies provided in Bulletin #1, then you may be eligible to participate in a teach out at one of the Department-approved institutions listed below and any subsequent institutions approved by the Department. If you answer "yes" to each of the statements below, please contact one of the institutions below to discuss your options:

  • I was unable to complete my course of study at JWI due to the school's closure.
  • I was unable to have my debt cancelled using one of the remedies provided in Bulletin #1.
  • I am choosing to participate in a teach out rather than filing a Claim for Restitution with the Department.

Students that would like to participate in a teach out, if they haven't already, must provide the Department with a copy of their enrollment contract, proof of payment, and transcript, if any.

The deadline for enrolling in a teach out is Friday, April 16, 2010.

Elizabeth Grady School of Esthetics and Massage Therapy
222 Boston Avenue, Medford, MA
781-960-0114 ask for Tracey Ford

The Salter School
2 Florence Street, Malden, MA
781-324-5454 ask for Laurie O'Malley

-or-

515 Woburn Street, Tewksbury, MA
978-934-9300 ask for Carrie Kaye

Coursework:

Since there were several courses interrupted by the school's closure, teach out options will differ as a result of the amount of coursework you completed. The teach out school will make every effort to assist you in completing the courses for which you contracted with JWI. Any additional courses in which you would like to enroll will be at your own expense.

Expenses:

If you paid JWI for the full cost of your program, you will not incur any additional expenses. However, if you only paid for a portion of your program, then the balance of the funds due JWI are owed to the school providing the teach out.

Enrollment and Teachout Contracts:

If you opt to participate in a teach out, you must sign both an enrollment contract and a teach out agreement with the institution no later than April 16, 2010 and to complete the teach out no later than 120 days after executing the agreement. Both documents have been approved by the Department and the terms of the teach out will be set forth on those documents. The Department will work with the teach out institutions to provide them with information regarding the status of your coursework and financing with the closed school.

Deadline: April 26, 2010

Any student that has not had his/her debt cancelled using one of the remedies provided in Bulletin #1, must either execute a teach out agreement or file a Claim for Restitution no later than April 16, 2010.

Questions:

The Department greatly appreciates your help in keeping the volume of phone calls it receives to a minimum by checking these Bulletins. If you have specific questions about the teach out or claim options, please contact us.

For those filing Claims, please be advised that it is not unusual for the claims process to take a year or more, and if the school files for bankruptcy, it could take significantly longer. Information on our website will be updated when, and only when, there is new information available. If there is no new information for a period of time, this simply means that that stage of the claims process is not yet complete. We cannot respond to general calls or emails requesting status updates.

While the Department is in possession of some limited student records, we are trying to compile a list of all students who were affected by the school's closure. Any assistance you can provide in helping us to locate your classmates will be greatly appreciated.

We thank you for your help and patience in this matter.

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