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What is loan counseling?

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What is loan counseling?

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Federal regulations require students who receive Student loans (Subsidized or Unsubsidized), to participate in entrance loan counseling.

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Entrance Loan Counseling: Borrowers who are getting loans for the first time at Georgia State are required to complete Entrance Loan Counseling (in person or by web) before receiving their first loan disbursement. Exit Loan Counseling:Students who received loans are required to complete Exit Loan Counseling (in person or by web) when they are graduated or no longer enrolled at least half-time. Federal Direct Loan Web Site: Entrance and Exit Counseling To use the website: Read the material, take the quiz, print the completed checklist, sign and return the checklist to the Student Accounts Office. Incomplete counseling checklists will delay your loan processing. Federal Perkins Loan: Exit counseling – seeExit Interview.

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