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Get the free Federal Direct Loan Entrance Exit PLUS Credit Counseling

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___ Policy SE003: Federal Direct Loan Entrance Exit PLUS Credit Counseling Recommended for Approval by: Sue Bloom, Executive Director Financial Aid Approved by: Dr. Dale Elizabeth Person, President
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How to fill out federal direct loan entrance

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How to fill out federal direct loan entrance

01
Gather all necessary documents such as Social Security number, driver's license, and income information.
02
Visit the official website of the U.S. Department of Education.
03
Log in to your student account using your student ID and password.
04
Navigate to the 'Entrance Counseling' section.
05
Select the option for 'Federal Direct Loan Entrance Counseling'.
06
Read and understand the provided information about the loan program.
07
Complete the interactive counseling session by answering all questions accurately.
08
Review and acknowledge your rights and responsibilities as a borrower.
09
Submit the counseling session once you have completed all the required steps.
10
Follow any additional instructions displayed on the website if necessary.
11
Keep a copy of the confirmation page or email for your records.

Who needs federal direct loan entrance?

01
Students who are first-time borrowers of the Federal Direct Loan program.
02
Students who are applying for federal student aid for the first time.
03
Students who have previously borrowed Federal Direct Loans but have not completed the entrance counseling requirements.
04
Students who have changed their enrollment status from less than half-time to half-time or more.
05
Students who are seeking to understand their rights and responsibilities as a borrower.
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The federal direct loan entrance is an information session that students must complete to understand the terms and conditions of their federal student loans before receiving the funds.
All first-time borrowers of federal direct loans must complete the entrance counseling requirement.
Students can complete the federal direct loan entrance counseling online through the Federal Student Aid website by providing their personal details and following the instructions provided.
The purpose of federal direct loan entrance is to ensure that borrowers understand their rights and responsibilities regarding federal student loans, including repayment options, interest rates, and consequences of default.
The entrance counseling session requires reporting information about the borrower's loan amount, repayment plans, interest rates, and borrower rights and responsibilities.
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