CHARLOTTE, N.C. — The Charlotte School of Law says its students could be eligible for federal student loans again this fall.
Last semester, the federal government pulled loans because of accreditation issues. Many students had to transfer to other schools because they couldn't afford tuition without loans.
[READ MORE: Charlotte School of Law statement]
The school now says the Department of Education is preparing to reinstate student loans depending on the school's ability to meet certain conditions, but the school has not said what the conditions include.
Tuesday marks the deadline for the school to prove it is financially stable or it risks losing its license to operate in North Carolina.
The UNC Board of Governors also told the school to prove its course study and faculty goals are adequate.
Channel 9 has followed the school’s academic and funding problems since November of 2016 when the American Bar Association placed the Charlotte School of Law on probation.
Charlotte School of Law fall classes are scheduled to begin Aug. 28.
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