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Direct Loan Exit Counseling Guide For Borrowers of Direct Loans and Federal Family Education Program Loans. S. Department of Education Dr. Miguel Cardona Secretary Federal Student Aid Richard Cor
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How to fill out direct loan exit counseling
How to fill out direct loan exit counseling
01
To fill out direct loan exit counseling, follow these steps:
02
Log in to your account on the official Direct Loan Servicing website.
03
Go to the Exit Counseling section.
04
Read all the information provided on the page carefully.
05
Complete the exit counseling session by providing accurate information and submitting any required documents.
06
Review the exit counseling summary and make sure all the details are correct.
07
Complete any additional steps or requirements mentioned on the website.
08
Keep a copy of the completed exit counseling for your records.
Who needs direct loan exit counseling?
01
Anyone who has borrowed a Direct Loan and is about to graduate, leave school, or drop below half-time enrollment needs to complete direct loan exit counseling.
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What is direct loan exit counseling?
Direct loan exit counseling is a mandatory session that provides information on rights and responsibilities for borrowers who are about to graduate or leave school.
Who is required to file direct loan exit counseling?
Students who have taken out federal direct loans are required to complete exit counseling before leaving school.
How to fill out direct loan exit counseling?
Direct loan exit counseling can be completed online through the Department of Education's website or in person with a financial aid advisor.
What is the purpose of direct loan exit counseling?
The purpose of direct loan exit counseling is to ensure that borrowers understand their loan obligations, repayment options, and rights as a borrower.
What information must be reported on direct loan exit counseling?
Information such as loan balance, repayment options, interest rates, and contact information for servicers must be reported on direct loan exit counseling.
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