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Entrance and Exit Counseling

Entrance Counseling: If you are taking out a federal loan, your college or career school might ask you to complete entrance counseling. Depending on the procedures at your college or university, you may be able to complete it online, or in a group or individual meeting. The entrance interview explains your rights and responsibilities and the terms and conditions of your loan. It is a good time to ask questions regarding your student loans.

Exit Counseling: Before you graduate, drop below half-time attendance or leave school; you must complete an exit interview if you borrowed a subsidized, unsubsidized or PLUS loan under the Direct Loan Program or the FFEL Program, you must complete exit counseling. Depending on the procedures at your college or university, you may be able to complete it online, or in a group or individual meeting. The exit interview concentrates on your repayment obligations and options, and stresses the consequences of default. For more information on repaying your student loans, visit StudentAid.gov.


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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.