Borrowing loans to pay for your education does have long-term effects, but these effects can be positive. Exit counseling will provide you valuable information about repaying and managing your student loans after you leave school.

Federal regulations require all student loan borrowers to participate in an exit counseling session when they:

Exit counseling can be administered in different ways by different schools:

Check with your school to find out which method they prefer. Remember, your school must receive verification that you have completed an exit counseling session.