Student Loan Exit Counseling
As you prepare for graduation you will be required to go through Student Loan Exit Counseling. Your loans will go into repayment six months from the date you were last enrolled half-time. Attend an appointment to learn about your federal student loans, where to make your payments, and your repayment options. You will be provided with a folder of your personal loan information.
Exit Counseling appointments generally take 20-25 minutes.
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 per federal requirements. You can attend a personalized session with MoneySmart Lakers, but it will not replace the online required counseling. Still, we highly recommend you attend a MoneySmart Session to get all your questions answer all of your questions.
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.
How do I complete exit counseling online?
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.