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Complete the Exit Counseling Form for guidance on student loan repayment and financial responsibilities following graduation. Ensure all fields are filled.
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What is exit counseling form?
The exit counseling form is a document that provides necessary information regarding loan repayment options to borrowers who are graduating, leaving school, or dropping below half-time enrollment.
Who is required to file exit counseling form?
Students who have received federal student loans are required to complete the exit counseling form when they graduate, leave school, or drop below half-time enrollment.
How to fill out exit counseling form?
To fill out the exit counseling form, borrowers must provide personal information, details about their loans, and an understanding of their repayment options, which can typically be done through an online platform provided by the school or loan servicer.
What is the purpose of exit counseling form?
The purpose of the exit counseling form is to ensure that borrowers understand their rights and responsibilities regarding their student loans, including repayment plans, deferment options, and the consequences of failing to repay.
What information must be reported on exit counseling form?
The exit counseling form must report personal identification information, details about the loans received, school information, and acknowledgment of loan repayment responsibilities.
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