Student loans, unlike grants and scholarships, are borrowed money that must be repaid with interest. Exit Counseling is required for those who withdraw, graduate, or drop below half time attendance. Exit Counseling helps you understand your rights and responsibilities as a student loan borrower and provides useful tips and information to help you manage your student loans.

---

How to Manage Your Student Loans

Establishing a good credit rating is essential to establish financial independence. These tips will help with money management, including on-time loan payments.

---

Repayment: What to Expect

Loan borrowers have a six month grace period before the first payment is due. This time will allow you to get financially settled. This information will help you determine which repayment option is right for your financial situation.

---

Repayment Calculator

https://studentaid.ed.gov/repay-loans/understand/plans/graduated

Understanding how your monthly payment on your student loan fits into your household expenses will help in determining the best plan for you.

---

NSLDS – Retrieve Your Loan Information

http://www.nslds.ed.gov/nslds_SA/

The National Student Loan Data System (NSLDS) is the Department of Education’s database that stores information on all loans made through the federal student aid program.

---

Complete Your Loan Exit Counseling

www.studentloans.gov

Completing the student loan Exit Counseling is required for all student loan borrowers. It provides important information you need to prepare for your loan repayment.