Fulfilling Graduation Expectations

Federal student loan borrowers who graduate and/or cease at least half-time enrollment are required to complete federally mandated “loan exit counseling.”  This requirement is completed on-line (refer to links below) and provides borrowers with information on the following:

• possibility of delaying repayment via either deferment or forbearance;
• various repayment options available;
• consequences of having loans placed in a status of delinquency or default

For the following Federal Direct Loans:

• Subsidized Direct Loan
• Unsubsidized Direct Loan
• Graduate PLUS Direct Loan

The required online “loan exit counseling” is available at https://studentloans.gov/myDirectLoan/exitCounseling.action?execution=e1s1

For the Federal Perkins Loan program, the required on-line “loan exit counseling” is available at https://www.uasconnect.com