What is an entrance interview?
All undergraduate borrowers receiving a Federal Stafford Loan and/or a Federal Unsubsidized Stafford Loan for the first time must attend an Entrance Interview before their first check can be disbursed. If this is your first Stafford Loan, you may complete the Entrance Counseling interview on-line. If you are a graduate student requesting a Grad PLUS loan, you must also complete Grad PLUS Entrance Counseling.
If this is the student’s first Stafford Loan at FIT, the student must complete an entrance interview/counseling session. In order to meet this requirement, the student can attend one of the group sessions provided by the Financial Aid Department or the student can complete the requirement online at http://www.dl.ed.gov/. Perkins Loan interviews are scheduled with the Bursar. Contact the Bursar Office at 212 217.3720 for more information.
The Department of Education requires a college to notify any student who takes out a student loan that it is not free money. It is a loan that requires repayment at a future date. The entrance interview insures that the student is aware of his or her rights and responsibilities when borrowing a student loan.
The Entrance Interview is a required counseling session for ALL first time student loan borrowers.The counseling session requirement can be met via the Web at http://mappingyourfuture.org.The session helps put student loan borrowing in perspective and helps determine a realistic amount to borrow.TCNJ is notified electronically when students complete the counseling.
Related Questions
- Regarding Grad PLUS entrance interview regulations: Does a student who has received prior Grad PLUS loans have to complete an entrance interview if they take another Grad PLUS loan this year?
- Is a portfolio or interview required as part of the entrance process?
- What is a Direct Loan Entrance Interview?
