What is Exit Counseling?
When you sign up for a federal student loan, you will get an amount of money that you need to
complete college. During that time you will be told that you do not have to pay back your loans
until you have graduated from college. This is a very helpful thing that many people appreciate.
Your graduation might come faster than you think, and this is a great thing. At the time of your
graduation you will need to go through something called exit counseling.
The Basics of Exit Counseling
Exit counseling is a required process for every student who takes out a federal student loan. This
process will help you with proper repayment management, as well as management of your personal
finances. This is the time when you will learn the rules, how you can consolidate your loans, and
the consequences of defaulting on payments.
To complete the Exit Counseling go to www.nslds.ed.gov, click on Exit Counseling.