ITT Technical Institute has ceased enrollment of new students, according to a statement posted Monday on the for-profit school's website.
The news comes after the U.S. Education Department took actions last week against the school's parent company, ITT Educational Services Inc.
Specifically, the Education Department increased its financial oversight of the for-profit college and banned it from enrolling new students using federal financial aid. The actions were meant to safeguard students and taxpayers.
The move against ITT was part of the federal government's efforts to rein in what critics have called "deceptive and abusive practices" used at certain for-profit schools.
Meanwhile, Illinois Attorney General Lisa Madigan and her counterparts from several other states asked the Education Department last week to "broaden its efforts to provide loan forgiveness to students who attended fraudulent schools."
That request was also supported by officials in Massachusetts, Minnesota, California, the District of Columbia, Hawaii, the Hawaii Office of Consumer Protection, Iowa, Kentucky, Maine, Maryland, New Mexico, Oregon, Pennsylvania, Vermont and Washington, according to Madigan's office.
The attorneys general asked the federal government to create a universal form for students applying for student loan relief after attending schools found to have engaged in fraudulent practices, such as Corinthian Colleges Inc.
Corinthian is the now-defunct, for-profit college chain that operated Everest and WyoTech campuses.
According to Madigan, only 7 percent of students eligible for a loan forgiveness program for those who attended Corinthian have applied as of June. She noted that the "lack of a universal application form is a major impediment to obtaining loan relief."
"We need to make sure that many more students obtain the loan relief they deserve," Madigan said. "Students should not be left footing a bill for schools that broke the law by not providing the education they promised."