Direct Loans Exit Counseling

Withdraw leave school drop below half time less than six 6 credit hours enrollment with dallas college. It breaks down what you can expect when it comes to student loan repayments. Direct loan exit counseling guide for borrowers of direct loans and federal family education program loans july 2016 revised august 2017 and june 2018.

If you are completing entrance counseling to borrow a loan as a graduate or professional student the entrance counseling will fulfill counseling requirements for direct subsidized loans direct unsubsidized loans and direct plus loans.

Direct loans exit counseling. Exit counseling provides important information that you need as you prepare to repay your federal student loans. Completing an exit interview is a federal requirement. Related help articles. Exit counseling is a requirement for all federal student loan borrowers.

The online exit counseling link opens in a new window. Federal direct loan exit counseling. Once a student loan borrower has graduated or dropped below six 6 credit hours of enrollment heshe is required to complete an exit counseling session. Drop below half time enrollment.

Return to direct loan information page online exit counseling required at 2nd disbursement. If you have received a subsidized unsubsidized or plus loan under the direct loan program or the ffel program you must complete exit counseling each time you. Need more information or have a comment. And beyond that it sets you up to handle your money wisely as you transition into the work force.

The ffel program ended june 30 2010 and no new loans have been made under the ffel program after that date. Exit counseling provides important information to prepare you to repay your federal student loans. At the end youll need to provide the name address e mail address and telephone number for your closest living relative two references who live in the us and current or expected employer if known. All urls were last accessed on may 30 2018.

You need to complete exit guidance in the event that you graduated. When you borrow a federal direct loan you are required by the departmen t of education to complete an exit counseling session within 30 days if you. Your school may have alternate entrance counseling requirements. And it will provide you with valuable.

Federal direct loan exit counseling all pupils who possess lent through the federal direct education loan system while during the university of rochester and therefore are no further enrolled must complete that loan exit counseling session because of the government that is federal. If you are a borrower with questions about the direct loan program or your direct loans you should contact. Understand your loans plan to repay avoid default and make finances a priority. Please complete the online exit counseling session not more than 2 weeks prior to your expected second disbursement date.