Are monthly installment plans directly with a university considered a student loan (with regards to reporting, SOL, etc...) or not?

Is it a Perkins loan or a institution loan? Tutition and other university debts generally are not available as an installment plan.

Hi Lynn (from another Minnesnowtan)

I started this thread in the credit forum (http://creditboards.com/forums/index.php?showtopic=372421). You can get the whole situation from there if you wish.

From the little bit of information I have been able to pull out of the CA, I know it is not a Perkins loan. It appears to be an installment account directly with the university. Also, all of my other student loan accounts are explicitly labeled such on my CR, this one is not.

Until yesterday I was confident I could exchange PIF for deletion of the account from my CR. That was until I found some of your posts regarding mandatated reporting of student loan accounts.

It is very frusterating because I had no idea there was an issue, so a simple phone call from the university and this whole thing could have been taken care of. Now I have a trashed CR, the CA won't give me any specific contact info for the university and the university hasn't responded to the letters I sent to the A/R dept.

So is this just an unpaid tuition account?

Universities dont offer installment accounts for tuition so at the end of each semester it would be transfered to internal collections as a past due account. I know at the university I worked at, notices were sent to the university email address. We just didnt have the staff to be calling on accounts. Letters sent to us were simply forwarded to the CA.

Again, tuition accounts from public and non profit schools have no SOL plus public schools can submit the debt to the state for state tax offset.

From the looks of it, yes, it would just be an unpaid tuition account.

So under that assumption, would there be anything barring the unviersity from agreeing to a PFD?