Exit Loan Counseling
What is Exit Counseling?
Exit counseling provides important information to prepare you to repay your federal student loan(s).
If you have received a subsidized, unsubsidized or PLUS loan under the Direct Loan Program or the FFEL Program, you must complete exit counseling each time you:
· Drop below half-time enrollment
· Graduate
· Leave school
Who should complete this?
· Students who have received a subsidized, unsubsidized or PLUS loan(s) under the Direct Loan Program or the FFEL Program, must complete exit counseling each time they drop below half-time enrollment, graduate, or leave school.
How long will it take?
The entire counseling process must be completed in a single session. Most people complete counseling in 20-30 minutes.
What do I need?
· Verified FSA ID
· Details on your income, financial aid, and living expenses