What are “Loan Entrance Exam” and “Exit Exam” counseling sessions?
The federal government requires all first-time student loan borrowers to participate in loan counseling prior to receiving a Federal Student Loan. Even though you may have done an entrance exam at another college, Ozarka College requires that you complete this step in the loan process before a loan will be certified for you. During this session, you will review basic facts about loans, managing your education expenses and your rights and responsibilities as a student loan borrower. You are also required to complete the “exit” counseling when you complete your degree at Ozarka or before you transfer to another college or totally withdraw.
