Get the free Direct Loan Exit Counseling Guide - US Department of Education

LOAN AGREEMENT IN No. L36911RJ1996PLC011381This loan agreement (“Agreement “) is made and executed at the place mentioned in Schedule I (S. No.2) and on the date mentioned in Schedule I (S. No.1)

How to fill out direct loan exit counseling

How to fill out direct loan exit counseling

1. To fill out direct loan exit counseling, follow these steps:
2. Visit the official website of the loan servicer or the US Department of Education.
3. Log in to your account using your credentials.
4. Navigate to the section for loan exit counseling or financial counseling.
5. Read and understand the provided information and instructions.
6. Complete the required forms and provide accurate information about your current situation and future plans.
7. Review your answers and verify their accuracy.
8. Submit the completed counseling session or forms.
9. Take note of any confirmation or acknowledgement you receive to verify completion of the counseling.

Who needs direct loan exit counseling?

1. Direct loan exit counseling is mandatory for individuals who have borrowed federal student loans and are either graduating, leaving school, or dropping below half-time enrollment.
2. This counseling aims to inform borrowers about their rights and responsibilities, repayment options, and provide guidance on managing their student loan debt.

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What is direct loan exit counseling?

Direct loan exit counseling is a requirement for borrowers who are graduating, leaving school, or dropping below half-time enrollment.

Who is required to file direct loan exit counseling?

Borrowers with Direct Loans are required to file direct loan exit counseling.

How to fill out direct loan exit counseling?

Direct loan exit counseling can typically be completed online through the borrower's loan servicer's website.

What is the purpose of direct loan exit counseling?

The purpose of direct loan exit counseling is to provide important information to borrowers about their rights and responsibilities as they prepare to repay their loans.

What information must be reported on direct loan exit counseling?

Information about loan repayment options, loan forgiveness programs, rights and responsibilities as a borrower, and contact information for the loan servicer.