Can you please tell me about exit counseling?
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Are you preparing to repay a federal student loan?
I am indeed preparing to pay off my loan.
Exit counseling provides important information to prepare you to repay your federal student loan.
Have you received a subsidized, unsubsidized or PLUS loan under the Direct Loan Program or the FFEL Program?
Yes, I have.
If you have received a subsidized, unsubsidized or PLUS loan under the Direct Loan Program or the FFEL Program you must complete the exit counseling.
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How long does the counseling process take?
The entire counseling process must be completed in a single session and most people complete it in twenty to thirty minutes.
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Do I need anything with me in order to complete the counseling?
You will need your verified FSA ID.
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Who should complete this exit counseling?
It should be completed by students who have received subsidized, unsubsidized or PLUS loans under the Direct Loan Program or the FFEL Program each time they drop below half-time enrollment, graduate, or leave school.
