Get the free Federal Loan Exit Counseling Notification

This document notifies students about the requirement for federal loan exit counseling after their enrollment at West Virginia State University has ended, providing information about loan repayment,

How to fill out federal loan exit counseling

How to fill out federal loan exit counseling

1. Log in to the student loan exit counseling website using your FSA ID.
2. Select the loans you need to exit counsel for.
3. Review the repayment options and choose the one that fits your financial situation.
4. Complete the required sections regarding your personal information, school details, and loan details.
5. Answer questions regarding your income estimates and budget.
6. Understand your rights and responsibilities as a borrower.
7. Review and submit your exit counseling form.
8. Print or save a copy of the confirmation for your records.

Who needs federal loan exit counseling?

1. All students who are graduating, withdrawing, or dropping below half-time enrollment and have federal student loans must complete exit counseling.

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What is federal loan exit counseling?

Federal loan exit counseling is a required process for students who are graduating, withdrawing, or dropping below half-time enrollment. It provides information about repayment options, loan terms, and responsibilities associated with federal student loans.

Who is required to file federal loan exit counseling?

Students who have received federal student loans and are graduating, leaving school, or dropping below half-time enrollment are required to complete federal loan exit counseling.

How to fill out federal loan exit counseling?

To fill out federal loan exit counseling, students typically visit the Federal Student Aid website, log in with their FSA ID, and complete the online exit counseling session, which includes providing information about their loan amounts, repayment plans, and updating personal information.

What is the purpose of federal loan exit counseling?

The purpose of federal loan exit counseling is to ensure that borrowers understand their rights and responsibilities regarding their federal student loans, the repayment process, and the consequences of defaulting on loans.

What information must be reported on federal loan exit counseling?

During federal loan exit counseling, borrowers must report personal information such as their contact details, the name of their school, information about their loans, and their expected graduation date or withdrawal date.