Do I have any legal rights to my college transcript?

Question Details: I applied for financial the day the new term opened to apply. However, the aid had to be verified and the college dropped the ball on verifying it. I was issued a bill. I withdrew from the university and when I tried to transfer to another university I found out they had placed a hold on my transcript. The university informed me that I could not return there or transfer until I pay them. It has been six months since this happened, and my student loans are coming due, because I am not in school. I would like to know if it is legal to hold my transcript and prevent me from completing my education to gain employment to repay my student loan.

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