If you borrowed funds from the Federal Direct Loan program and are no longer attending Grand Valley State University at least half-time you are required to complete online exit counseling. Your loans will go into repayment six months from the date you were last enrolled half-time. If you re-enroll at least half-time before the end of your six month grace period, you will not go into repayment but are still required to complete exit counseling.
Who is required to complete exit counseling?
All borrowers who are graduating or have dropped below half-time enrollment are required to complete online exit counseling.
Why do I need to complete exit counseling?
The exit counseling session is designed to help you understand your rights and responsibilities as a student loan borrower and help you successfully meet your repayment obligation.
When should I complete exit counseling?
Grand Valley will send you notification of your requirement to complete exit counseling after you graduate or anytime you become enrolled less than half-time.
How do I complete exit counseling?
You will need your Federal Student Aid PIN to access exit counseling online. At the end of the session, you will be instructed to complete the rights and responsibilities checklist. You must complete this checklist to satisfy exit counseling requirements.