Student Loan Exit Counseling

What You'll Get

All participants will be provided with an email prior to their appointment with their personal federal loan information. This will be given to the email provided on the reservation.

Topics Covered

We will cover repayment, types of loans, and consequences for non-payment. We can also answer your questions about graduate school and next steps. 

Have Questions?

MoneySmart Lakers is here to help. Feel free to contact us with any questions or concerns. 

Frequently Asked Questions

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 of your questions answered.

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 (FSA) ID 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.

You can find additional information about Exit Counseling and loan repayment here:  



Federal Student Loan Repayment

Video on what to expect when repaying student loans

What to expect when repaying federal student loans

Video on the SAVE Plan

Learn more about the Saving on a Valuable Education (SAVE) repayment plan.

Video on student loan repayment options

Explore various student loan repayment options. 

Page last modified February 2, 2024