Direct Loan Exit Counseling

What is Loan Exit Counseling?

Loan exit counseling is an online tutorial that provides tips and useful information to help student borrowers manage their loans and know their rights and responsibilities. Topics covered include: Loan repayment options, deferment, forbearance, delinquency and default, loan consolidation and loan forgiveness programs. Additional financial resource materials and links are also provided to support responsible debt management practices.

Who is required to complete Exit Counseling?

Students who withdraw, graduate, or drop below half-time enrollment (even if transferring to another school). Additionally, students who plan to take a semester off must also complete exit counseling since the university cannot guarantee future enrollment.

Why is Exit Counseling required?

U.S Department of Education Title IV Federal Regulations and Texas A&M University-Kingsville Policy.

When Must the Exit Counseling be completed?

Within 30 days of notification from Texas A&M University-Kingsville that exit counseling is required.

How do I know how much I owe?

The Department of Education has created a database for students to keep track of all of their Federal education loans. This site is called NSLDS (National Student Loan Data System). URL: www.nslds.ed.gov. Click "Financial Aid Review". Access requires the student's 4-digit FAFSA PIN. Included in the database are all Federal student loans received from any post-secondary institution attended. NSLDS does not include any Private / Alternative loans taken to supplement the cost of education. Parent PLUS loan data is also included in the NSLDS database and will be found under the parent's name using the parent's FAFSA PIN. Should you have questions about your NSLDS data please call 1- 800-687-6000.

Click this link for Loan Exit Counseling: http://www.nslds.ed.gov/nslds_SA/