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Select “Getting Loans” from the top navigation bar on the StudentLoans.gov home page and select “Counseling Demo.” Select “Exit Counseling” under “Choose Counseling Type.” You must log in to officially complete the counseling session (option 1 above).
How long will it take? The entire counseling process must be completed in a single session. Most people complete counseling in 20-30 minutes.
You are violating a stipulation of taking out a federal loan by not completing your exit counseling, as federal law requires it. You will likely not understand all the terms and conditions of your loan. You will fail to get professional help with budgeting, repayment information, and information on accessing the HOLDS.
You must complete exit counseling each time you drop below half-time enrollment, graduate, or leave school and enter a repayment period.
Graduate. Drop out of school. Drop below half-time at your school.
Select “Getting Loans” from the top navigation bar on the StudentLoans.gov home page and select “Counseling Demo.” Select “Exit Counseling” under “Choose Counseling Type.” You must log in to officially complete the counseling session (option 1 above).
Federal Direct Stafford Loan Entrance Counseling It will cover the importance of repayment, the consequences of default, the use of the Master Promissory Note, and provide sample monthly repayment amounts. You can access the Entrance Counseling session online through the StudentLoans.gov website.
Exit counseling provides important information to prepare you to repay your federal student loan(s). If you have received a subsidized, unsubsidized or PLUS loan under the Direct Loan Program or the FEEL Program, you must complete exit counseling each time you: Drop below half-time enrollment. Graduate.
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