Note that details provided on this page reference older loans made under the Federal Family Education Loan Program (FFELP). All new federal student loans come directly from the U.S. Department of Education (ED) under the William D. Ford Federal Direct Loan Program (Federal Direct Loans). For information regarding Federal Direct Loans, refer to the Loans page of ED's Federal Student Aid website or contact the college's financial aid office.
Before you received the first disbursement of your Federal Stafford Loan, Federal Perkins Loan or Federal PLUS Loan for Graduate or Professional Students, you should have completed an entrance interview. The entrance interview informed you of your rights and responsibilities as a borrower.
As a student loan borrower, you must complete an exit interview whenever you drop below half-time enrollment status, withdraw or graduate. This exit interview informs you of your rights and responsibilities.
Entrance and exit interviews may be completed online at Mapping Your Future, if your college is a participating member. Contact your college to find out how they handle exit counseling.
Financial Awareness Counseling
Additional information to help you understand your financial aid and assist you in managing your finances is available through ISAC's Student Portal, including the “FinAid Game” in the Toolbox area and the “Claim Your Future” game in the Resources area. In addition, the U.S. Department of Education offers an online Financial Awareness Counseling tool.