Get the free Exit Counseling Layouts - Schools EXTC01 - IFAP

National Student Loan Data System Loan Exit Counseling Extract Record Layouts for Schools Completion Extract Hoc (EXTC01) Completion Extract Scheduled (EXTC05) Summary by Date Extract Hoc (EXTCD1)

How to fill out exit counseling layouts

How to fill out exit counseling layouts:

1. Gather all necessary information: Before starting the exit counseling process, it is essential to have all the required information readily available. This may include your personal details, loan information, and any relevant documents.
2. Access the exit counseling platform: Many educational institutions or loan servicers offer online platforms for exit counseling. Go to the designated website or portal and log in using your credentials. If you are unsure about the platform, reach out to your school's financial aid office or loan servicer for guidance.
3. Understand the layout: Familiarize yourself with the layout of the exit counseling form. Take note of any sections or fields where you are required to provide specific information.
4. Begin filling out personal information: Start by filling out your personal details, such as your name, date of birth, address, email, and telephone number. Make sure to double-check the accuracy of the information before proceeding.
5. Provide loan information: Input the details of your loans, including the loan types, loan amounts, and loan servicers. You may need to refer to your loan documents or contact your school's financial aid office for this information.
6. Review loan repayment options: The exit counseling layout may include a section that discusses various loan repayment options. Read through this carefully and understand the choices available to you. If you have any questions or need further clarification, consult with a financial aid advisor or loan counselor.
7. Complete the quiz or assessment: Many exit counseling layouts include quizzes or assessments to ensure that you have understood the content. Answer the questions truthfully and to the best of your knowledge.
8. Provide additional information, if necessary: Some exit counseling layouts may have sections where you are required to provide additional information or comments. If relevant, fill out these sections accordingly.
9. Review and submit: Once you have completed filling out all the required sections, review the entire exit counseling layout, ensuring that all information is accurate and complete. If you are satisfied, submit the form according to the instructions provided.

Who needs exit counseling layouts?

1. Students graduating or leaving school: Exit counseling layouts are typically required for students who are graduating or leaving their educational institution. This may include those who have completed their degree, withdrawn from school, or dropped below half-time enrollment.
2. Loan borrowers: Exit counseling layouts are especially important for borrowers who have taken out federal student loans. These counseling sessions ensure that borrowers are aware of their rights and responsibilities, loan repayment options, and other essential information.
3. Individuals with repayment obligations: Any individual with outstanding loan repayment obligations, whether federal or private, may need to go through exit counseling. This includes borrowers who have reached the end of their grace period or deferment period.

Note: The specific requirements for exit counseling layouts may vary depending on the educational institution, loan type, and loan servicer. It is crucial to follow the instructions provided by your school or loan servicer to ensure that you complete the exit counseling process accurately and timely.

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What is exit counseling layouts?

Exit counseling layouts are a set of instructions, information, and guidelines provided to individuals who are preparing to exit or graduate from a program, institution, or service.

Who is required to file exit counseling layouts?

Exit counseling layouts are typically required to be completed by students who are graduating, leaving school, or dropping below half-time enrollment at a college or university.

How to fill out exit counseling layouts?

Exit counseling layouts can usually be completed online through the school's financial aid office website or through a designated student loan servicer's website. The process may involve reading and acknowledging important information about loan repayment, rights, and responsibilities.

What is the purpose of exit counseling layouts?

The purpose of exit counseling layouts is to ensure that individuals are aware of their rights and responsibilities regarding their student loans, as well as to provide them with information on the loan repayment process.

What information must be reported on exit counseling layouts?

Exit counseling layouts typically require individuals to report their contact information, expected salary after graduation, repayment options, and details about their loan amounts and terms.