understanding Exit counseling

understanding Exit counseling

Federal loan exit guidance provides information to prepare you to definitely repay your federal figuratively speaking. For subsidized and unsubsidized loans, you need to finish exit guidance every time you: fall below half-time enrollment, graduate or keep school.

Exit guidance describes your liberties and duties being a learning pupil loan debtor and offers:

  • Your outstanding loan stability
  • An believed payment per month quantity
  • A conclusion for the different payment plans
  • Advantages and disadvantages of loan consolidation
  • Information regarding loan forgiveness, deferments, and forbearance

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