| To: | Former Students of Allstate Institute of Technology |
| Date: | September 16, 2003 |
| Re: | Claims for Restitution |
Allstate Institute of Technology, located in Chicopee, closed on December 10, 1998. The Department has reviewed all claims and is working with loan servicing agencies and the American Student Assistance agency (the Massachusetts loan guarantor for federal student loans) to obtain information on the status of student loans. Once this portion of the process is complete, the Department will calculate the total amount of the claims and pro-rate the claims against the bond. Shortly thereafter checks will be disbursed. The percent of individual restitution will be determined by the amount of the claims against the bond.
The Department will post a bulletin as soon as checks are disbursed.
The Department greatly appreciates your help in keeping the volume of phone calls it receives to a minimum by checking this web-site for future updates as it helps our small staff concentrate on completing the high volume of work experienced by this unit. We thank you for your help and patience in this matter.