Do the MDHE Entrance and Exit counseling booklets provide the borrower with an explanation of the information contained in the NSLDS and contact information for the NSLDS?
A. Yes. Please refer to pages 5 and 19 of the MDHE Entrance Counseling booklet, pages 2 and 13 of the Exit Counseling booklet, and the inside back cover of both publications. Q. Does Mapping Your Future’s online entrance counseling include sample ranges of indebtedness that a student may use to estimate a monthly repayment amount using Mapping Your Future’s loan calculator? A. Yes. In the same section as its repayment calculator, Mapping Your Future’s Federal Stafford online entrance counseling program includes the following national average student loan indebtedness information as reflected in the National Student Financial Aid Administrator’s 1999-2000 National Postsecondary Student Aid Study: Average cumulative federal loan amount borrowed in 1999-2000 by undergraduate students: • Four-Year Public Institutions: $16,708 • Four-Year Private Institutions: $20,151 • Two-Year Public Institutions: $7,914 • Two-Year Private Institutions: $10,146 • Private for-profit (proprietary): $24,400
