Office of the Treasurer

New Beginnings Debt Forgiveness Program

Don't let outstanding debt to UToledo keep you from earning your diploma.

New Beginnings is a debt forgiveness program for qualifying students who come back to UToledo.

Here's how it works:

  • Re-enroll in a degree program at UToledo.
  • Successfully complete your courses and New Beginnings program requirements.
  • Watch $500 of UToledo debt disappear from your bill each semester.

We'll forgive up to $2,000 in UToledo debt over four semesters.

We know it can be hard to balance life and school sometimes. But you've invested so much already. Why not finish your degree?

Apply for New Beginnings

Graduates at commencement


New Beginnings is open to former UToledo students who meet all of these requirements:

  • Minimum 2.0 cumulative UToledo GPA
  • Student account balance of $2,000 or less with no other outstanding balances owed to the University and not in collections with the State of Ohio
  • Enrolled in a UToledo degree program
  • Not in default on federal aid
  • Good disciplinary standing
  • Maintains Satisfactory Academic Progress
  • Sat out at least two academic semesters


If you successfully complete the New Beginnings program requirements, the University of Toledo will forgive up to $500 of debt each semester, with a maximum of $2,000 forgiven over four semesters. Requirements include:

  • Successfully complete all credits each semester, taking a minimum of six (6) credits per semester
  • Maintain a minimum 2.0 cumulative GPA each semester
  • Maintain consecutive enrollment (fall and spring semesters) while in the program
  • File a FAFSA, if eligible 
  • Participate in financial counseling
  • Pay your account balance by the payment due date each semester
  • Two academic advisor meetings (one before the start of the semester and one after midterms/before registration for the next semester)
  • Schedule a minimum of one meeting with the Financial Wellness Counselor in your initial semester back
  • Additional requirements as recommended by the support team (e.g., tutoring, or other support services)


We want you to succeed. You will have a team to support you until you complete your degree: a financial wellness coach, an academic advisor, and your instructors.

 They will offer financial and academic guidance and connect you to resources to help you navigate challenges. They will share information and work together to make sure you’re on track to finish your degree.


Call 419.530.5789 or email



Last Updated: 10/19/23