Student loans, unlike grants and work-study, are borrowed money that
must be repaid, with interest, just like car loans and home mortgages.
You cannot have these loans canceled because you didn’t like the
education you received, didn’t get a job in your field of study or
because you’re having financial difficulty. Loans are legal
obligations that you’ll have to repay.
- Is required before you withdraw, graduate, or drop below half-time attendance (even if you plan to transfer to another school)
- Helps you understand your rights and responsibilities as a student loan borrower
- Provides useful tips and information to help you manage your loans
This counseling session covers the following federal student loan
William D. Ford Direct Loan (Direct Loan) Program loans
- Direct Subsidized Loans
- Direct Unsubsidized Loans
- Direct PLUS Loans (for graduate/professional students)
Federal Family Education Loan (FFEL) Program loans
- Subsidized Federal Stafford Loans
- Unsubsidized Federal Stafford Loans
- Federal PLUS Loans (for graduate/professional students)
Your school may instruct you to complete this online exit
counseling or choose to provide exit counseling in person. Check with your
school’s financial aid office to confirm that this online counseling will satisfy your school’s exit counseling requirements before
completing the session.