Mandatory Exit Loan Counseling
*ATTENTION GRADUATES*
You are REQUIRED by the U.S. Department of Education to complete an online “Exit Loan Counseling” if you have received a federal direct subsidized or unsubsidized loan while attending college.
Failure to complete the mandatory exit counseling will result in you not receiving your diploma.
The Financial Aid Office will receive an electronic notification from the U.S. Department of Education (weekly) and your Banner account will be updated, you do not need to contact our office, please check your Banner Self-Service account.
Please follow the steps below for the online requirement:
Two key points to remember: 1) make sure to use your (the student) FSA ID and password log-in information, 2) make sure you select EXIT counseling session.
Step 1: Log on to https://studentaid.gov
Step 2: Select “Loan Repayment” on this page
Step 3: Select the topic “Loan Exit Counseling”
Step 4: Select program type: Undergraduate or Graduate
Step 5: Select “Log In to Start”
(Use your FSA User Name or Email address and FSA ID Password)
Step 6: Accept Terms and Conditions
Step 7: Scroll down the checklist then select “Start”
Step 8: Proceed until process is complete
Step 9: Final screen will display Exit Counseling Summary
VSU will be notified within 24 hours after submission.
In addition, it is important that you are aware and understand the various repayment options available to you in managing your student loan debt. You will have the opportunity to attend an In-Person Session or a Virtual Session listed below that will allow you to speak with a financial aid representative. No registration is required.
- Virtual Sessions: November 18, 2024 at 10 am or 3 pm (link will be provided on graduation website)
- In Person Sessions: December 4, 2024 (Reading Day) at 10 am or 3 pm; location is the Engineering Building - Auditorium
**Questions regarding exit loan counseling can be directed to our Loan Manager, kjenkins@vsu.edu or to the financial aid mailbox, finaid@vsu.edu