Dear Melissa, As Maestro College withdraws from federal student aid programs, we are committing our resources to supporting students throughout the teach-out period. Below are two steps we are taking to support you and an update on your pending disbursement. 1. The stipend you received The College has decided to absorb the cost of the $1,979 stipend you received on September 3, 2026, which was paid from institutional funds. We will not seek federal reimbursement and are asking the U.S. Department of Education to cancel the related loan record. If the Department approves, you will keep the money without having to repay it. The loan remains on your federal record unless the Department approves cancellation. We will email you when it confirms its decision. In the meantime, we ask you to let us know how you would like to handle the stipend. Please complete this form to select one of the following two options: 1. Keep the stipend as student assistance. You may accept the funds as assistance from Maestro College, with no obligation to repay the College. Please confirm your acceptance through the form. 2. Voluntarily return the stipend. If you would prefer to return the funds so they can be made available to assist other students in need, please indicate this in the form. We will contact you to arrange a repayment plan. 2. The Student Assistance Fund