The goal of exit counseling is to help you understand your responsibilities when repaying your federal student loan.
If your school tells you to use StudentLoans.gov, you can complete exit counseling now.
Exit counseling is required by law. It provides important information you’ll need as you prepare to repay your federal student loan(s). You’ll learn how to understand and repay your loans, how to avoid default, and how to make your finances a priority.
If you are a student who has received subsidized, unsubsidized, or PLUS loans under the Direct Loan Program or the Federal Family Education Loan (FFEL) Program*, you must complete exit counseling.
*Note: No new loans have been made under the FFEL Program since June 30, 2010.
You must complete exit counseling when you graduate, leave school, or drop below half-time enrollment.
Your school will tell you how to complete exit counseling. If your school tells you to complete exit counseling on StudentLoans.gov, you should expect it to take you about 30 minutes.