Exit Counseling

According to Federal Regulations, all students who have previously received a Federal Loan must complete an Exit Counseling Session upon graduation or departure from school.

Returning students (students who have graduated...completed one session...returned to school...may or may not have received a new loan, but do have loans in deferment...and...are graduating again) must complete another Exit Counseling Session.

All Loans MUST be repaid. 

REMEMBER:

• Keep good records of the amounts you borrowed.
• Know who your lender and servicing/guaranty agencies are.
• If your loan has been purchased by a third party, know who they are.
• Keep a record of all important addresses and phone numbers.
• Complete all necessary paperwork, providing accurate and true information.
• Learn the differences between deferment, forbearance, delinquency, consolidation, and default.
• Make your payments on time...if you become financially strapped, contact your lender to make other arrangements.
• AVOID GOING INTO DEFAULT. This will adversely affect your credit rating and purchasing power.

Exit Counseling on the Web

Be certain to read all areas and complete the session provided.  The FAO will receive your results electronically and notify your lender accordingly.

link to "mapping your future" web site:
Exit Counseling Session on the Web