Is loan counseling required?

Question
 
 

Entrance/Exit Loan Counseling

Entrance Counseling

Before receiving a federal student loan, borrowers must complete entrance counseling. This 20-30 minute interactive session provides tips and tools to help you understand your loan responsibilities and develop a budget for managing your educational expenses.

Entrance counseling may be completed on the federal student loans website.

Exit Counseling

Prior to graduating, leaving school or drop below half-time status, Direct Loan borrowers must complete a 30-40 minute exit counseling session.  The session will explain your rights and responsibilities as a borrower.

Exit counseling may be completed on the federal student loans website.