I've heard about exit counseling and I came here wanting to know what exactly that is and how it works. Can you please tell me more about it?
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Of course. Are you wondering what exit counseling is?
Yes, like I mentioned above.
Well, exit counseling provides important information to prepare you to repay your federal student loan.
What if I have received a PLUS loan under the Direct Loan Program?
In that case you must complete exit counseling each time you drop below half-time enrollment, graduate or leave the school.
Wait, I have to complete exit counseling when graduating, too?
Yes, you do.
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That's interesting, didn't know that. And who needs to complete exit counseling?
Students who have received a subsidized, unsubsidized or PLUS loan under the Direct Loan Program or the (FFEL) Program, must complete exit counseling each time they drop below half-time enrollment, graduate, or leave school.
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Do I also need a verified FSA ID for this?
Yes, you need a verified FSA ID.
