All students should complete an Exit Counseling session during their final semester at Centenary University. The purpose of exit counseling is to make sure that you understand your rights and responsibilities as you enter repayment.
Exit Counseling will also provide you with information about how to manage your student loans after college, whether your loans are in the grace period (payment will start soon) or already in repayment. The information can be especially beneficial if you are having difficulty repaying your student loans.
You should complete exit counseling for both your Federal Direct Student Loans and your Federal Perkins loans.
- You can complete your entrance counseling for your Federal Direct Student loans online through NSLDS at www.nslds.ed.gov.
- The Student Billing Office will contact you during your last semester to complete your exit counseling for your Perkins Loans.
Do you have an accurate record of all your federal student loans? You can also review your federal student loans through the National Student Loan Data System (NSLDS) online at www.nslds.ed.gov. Remember, it is your responsibility to update each student loan servicer with your contact information.
To learn more about
- Income-Based Repayment: Find out more about adjusting your monthly payments based on your income: www.studentaid.ed.gov/repay-loans/understand/plans/income-based
- Pay-as-you-Earn: Find out more about decreasing your monthly payments due to a financial hardship: www.studentaid.ed.gov/repay-loans/understand/plans/pay-as-you-earn
- Loan consolidation: Find out more about consolidating your multiple federal loans into a single loan: https://studentaid.ed.gov/sa/repay-loans/consolidation
- Federal Public Service Loan Forgiveness: Find out more about having some or all of your federal direct loans forgiven due to public service employment: http://studentaid.ed.gov/repay-loans/forgiveness-cancellation/charts/public-service
Trouble repaying your loans?
Try these links for some advice…