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What happens if I dont complete exit loan counseling?
Not completing the exit loan counseling after dropping below half time can put you at risk for not getting anymore financial aid. Just get it done, it doesnt take too long, and will not hold you back from obtaining aid in the Spring.
Do I need to complete exit counseling when transferring?
Youll need to complete exit counseling whenever you leave your school, even if you plan to restart another program later. Where do I go to update my contact information (email, phone number, address, etc.)? Update your contact information in exit counseling by going to Communications Settings.
Who is required to complete exit counseling?
You must complete exit counseling when you leave school or drop below half-time enrollment. The purpose of exit counseling is to ensure you understand your student loan obligations and are prepared for repayment. Youll learn about what your federal student loan payments will look like after school.
Do I have to do exit counseling if I transfer schools?
Exit counseling is a federal requirement for all students with loans whose enrollment is less than half time or who are exiting an institution or transferring to another institution. These students must complete exit counseling online at .studentloans.gov.
Do I complete exit counseling if I am going to grad school?
Yes, you will need to do exit counseling. Your university may not release your diploma without doing this. When starting grad school there is a deferment form that your graduate school will complete. Mine had to be printed off of my loan servicers website.
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Do you need to do exit counseling if you are going to grad school?
Exit counseling is required whenever you finish a program or switch institutions.
What is the exit interview for counseling?
The exit interview is usually your last opportunity to reinforce the importance of repaying the loan and alternatives to letting the loan go into default. Some of the same topics that were discussed in Entrance Counseling will be reinforced here.
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