Okay, I'll answer one of the questions, yes the Ford is a federal loan. That will not be kicked back tot he school. The reason I asked about the 60% is if your last day of attendance was less than 60% of the term, then the school has to pay the Pell grants back to the Government with a return to title IV. They can then charge the student for the money they had to repay the feds.
The student loan would not have been kicked back. Once you signed that paper accepting the loan it was your money and you are responsible. The school has nothing to do with that at this time.
What I would do is this: Contact the Provost or the VP of Administrative Services( Might be VP of Finance). Or you might need to go to the President if you can get in the door. Explain that this is causing a hardship on you and that you were not given good advice on what you were responsible for and the ramifications of you not completing your education. Explain this is causing you issues with your credit and your ability to be a productive member of society, bla, bla, bla.
Basically, appeal to the fact they are educators and their first goal is to help students. Tell them you want to pay for your mistakes, but ask them for some type of forgiveness and their help with getting you out of this hardship. Ask if they can accept what you have already paid or come up with a manageable payment plan for a portion anything to help you get your life back on track.
The school has already written off these receivables, so they may help you out. They are not likely going to remove the holds on your account so you would not be able to attend there again without paying it all, but you may be surprised at how far a truthful and frank discussion may get you. Don't do this on the phone, set down in an office and talk openly, won't hurt to cry.
@Anonymous wrote:
Perfect!
Yes, so:
1. Check the gov website to see if any addition Federal loans are listed.
2. Contact the school to see why they reversed those two payments. Possibly ask what the Ford Loan is.
3. Ask the school for a copy of the promissory note.
Sadly, I agree. You're going to have to pay something. Since you have made payments I think it refreshed the SOL. Eventually the debt will be paid off. I do know that you can rebuild your credit around it in the meantime. You went get the best credit cards right away but if you start with a secured cards like Discover or Capital One if you qualify and they graduate to a regular card, you'll see your score gradually improve. This post breaks it down:
ABCD2199's Eleven Rules to Credit Rebuilding
https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/ABCD2199-s-Eleven-Rules-to-Credit-Rebuilding/td-p/5074148
You're most welcome and if you have any more questions feel free to ask.
Okay busy morning I had:
I checked both websites that you provided and learned and found sooo much. First off it comes to find out I was incorrect in my earlier statements about my Stafford loans. Aparrently i have one of each subsidized & unsubsidized loans individually with both colleges that I attended instead of all of my Stafford loans only being with my first year college. That was interesting to find out because I've sworn up and down I havent had any loans with my second college.
I learned that I indeed do have four William D. Ford Federal Direct Loans that are subsidized/unsubsidized from my second college that is in collections. These do not show up alongside my Stafford loans or record of pell grants on the My Federal Student Aid website. But when I go to studentloans.gov under my documents and click on "Master Promissary Note" they had all of my Ford loans all broken down clear as day!
It was crazy because it showed every detail from the interest to the fees I paid upfront. Nearly $6500 of my collection ballance is the Ford loans. I'm thinking thats a big deal seeing as now I have options as you said to either rehab or consoladate. I dont know why I'm happy that I have loans here, its weird! 
As for the promisary note there was no need to call the school because I was able to find and print them out from the websites you provided so I know that its real. BIG breakthrough here!
Last but not least after all of this new knowlege and ammunition I felt like I had enough to call the school and start asking questions about the payments of $1,562.50 and $3,125.00 that were being credited and charged to my account at the bottom. The lady had to put me on hold multiple times to figure out exactly what they were. She told me it was a company who handled the colleges payment that "I" had approved of. I sat there and was dumfounded because nor did I ever approve of the company who did these transaction to my account she
talked to me like i should know who they are. I then did a quick google on the phone of who this company is and the website gave me the ol fake "503 Service Temporarily Unavailable" i told her that the website didnt exist/work and she said that they have changed to a new company to handle their payments.
So I continued to prod her about what is these payments and she tells me well as you can see there was a charge and then a credit so it was "A wash" I said i dont care why is there money being put in and taken out without anybody truly haveing a answer as to what it was supposed to be. It could of possibly been some aid or something that was supposed to put my balance down lower. She then took my phone number and said that she would call me back in a hour after she crunches the numbers.
I don't know what to think here because apparently there's something sneaky going on or maybe a disconnect and she doesnt know how to explain the balance.
I'll keep you guys updated
@dynamicvbWhat I would do is this: Contact the Provost or the VP of Administrative Services( Might be VP of Finance). Or you might need to go to the President if you can get in the door. Explain that this is causing a hardship on you and that you were not given good advice on what you were responsible for and the ramifications of you not completing your education. Explain this is causing you issues with your credit and your ability to be a productive member of society, bla, bla, bla.
Basically, appeal to the fact they are educators and their first goal is to help students. Tell them you want to pay for your mistakes, but ask them for some type of forgiveness and their help with getting you out of this hardship. Ask if they can accept what you have already paid or come up with a manageable payment plan for a portion anything to help you get your life back on track.
The school has already written off these receivables, so they may help you out. They are not likely going to remove the holds on your account so you would not be able to attend there again without paying it all, but you may be surprised at how far a truthful and frank discussion may get you. Don't do this on the phone, set down in an office and talk openly, won't hurt to cry.
I will definately look into doing a visit to the campus to meet with either the VP of Finance or even the President. You are right, a face to face conversation may pay dividends if that can sway the schools decision to be compassionate in my situation. Thank you for this suggesting this option @dynamicvb