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.
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.