All borrowers under the federal Direct Loan program are required to complete loan entrance and exit counseling.
If you have not previously borrowed under the federal Direct Loan program, you must complete loan entrance counseling before the first loan disbursement can be made. Loan entrance counseling takes approximately 25 minutes and provides a good overview of your rights and responsibilities as a student borrower.
If you have previously borrowed and completed entrance counseling under the FFELP Program, you are not required to complete entrance counseling again. Only new borrowers are required to complete entrance counseling.
If you graduate, withdraw, or enroll less than half-time (6 credits), you must complete loan exit counseling. The loan exit counseling takes approximately 25 minutes and will help you understand your loan repayment terms and options.