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Student Loan Repayment and Exit Counseling N G A G I N GT H EC U L T U R E, C H A N G I N GT H EW O R L D. Session Overview Exits Packet exit responsibilitiesBasics HOLDS Services Loan Types Grace
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How to fill out and exit counseling
How to fill out an exit counseling?
01
Visit the designated website or platform where your exit counseling needs to be completed.
02
Log in to your account or provide the necessary information to access the exit counseling module.
03
Read and understand the information provided regarding loan repayment, borrower rights and responsibilities, and other relevant topics.
04
Follow the instructions provided to navigate through the exit counseling module.
05
Complete all required sections by providing accurate and up-to-date information about your current situation, including your contact information, future plans, and employment status.
06
Take your time to review all the provided information and ensure you understand the terms and conditions associated with your loans.
07
If you have any questions or uncertainties, reach out to the designated contact person or support center for clarification.
08
Once you have completed all the sections and reviewed your information, submit the exit counseling form electronically.
09
Keep a copy or confirmation of your completed exit counseling for your records.
Who needs exit counseling?
Exit counseling is typically required for individuals who have borrowed federal student loans and are either graduating, withdrawing from school, or dropping below half-time enrollment. It is a mandated process aimed at educating borrowers about their loan rights and responsibilities and preparing them for loan repayment. Even if you plan on continuing your education or transferring to another school, you may still need to complete exit counseling if you had borrowed federal loans during your previous enrollment. It is essential to check with your school or loan servicer to determine if you are required to complete exit counseling.
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What is and exit counseling?
Exit counseling is a session that provides important information to students who are graduating or leaving school.
Who is required to file and exit counseling?
Students who have taken out federal student loans are required to complete exit counseling.
How to fill out and exit counseling?
Exit counseling can be completed online through the student loan servicer's website.
What is the purpose of and exit counseling?
The purpose of exit counseling is to help students understand their rights and responsibilities regarding their loans and to provide useful tips for repayment.
What information must be reported on and exit counseling?
Information such as loan amounts, interest rates, repayment options, and loan servicer contact information must be reported on exit counseling.
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