Exit Loan Counseling

Exit Loan Counseling is a federally required for any student loan borrower who withdraws from the college, graduates, or drops below half-time. The purpose of exit counseling is to ensure you understand your student loan obligations and are prepared for repayment.

Exit Counseling Instructions

  • Log in to studentaid.gov using your FSA ID
  • Under 'Loan Repayment' tab select 'Loan Exit Counseling'
  • Click 'Start'
  • Complete and submit the counseling session. 

Upon completion, Baker College will receive the results electronically and the requirements will be satisfied.

Who Should Complete this? How Long Will It Take? What Do I Need?
Federal student loan borrowers who are:
  • Graduating
  • Dropped below half-time enrollment
  • Leaving school
Exit counseling takes about 30 minutes to complete. You must complete it in one session; you cannot save and return to an incomplete session.
  • FSA User ID (information you use to sign your FAFSA)
  • Driver's License Number
  • SSN, DOB and Email Address
  • Names, addresses, telephone numbers of next of kin, two references who live in the United States and information regarding your future employer (if known)

Download the Exit Loan Counseling Guide 

  

Baker College has partnered with Student Connections to provide free access to borrower advocates to assist our past students and alumni as they prepare for loan repayment. Check out the Loan Simulator on StudentAid.gov to estimate your payments. Have questions? Contact a borrower advocate at (866) 311-9450 or visit RepayMyLoans.org to learn more.

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Details

Article ID: 89150
Created
Fri 10/11/19 2:20 PM
Modified
Thu 10/13/22 7:44 AM

Related Articles (2)

Read this article to learn about what you can expect when you begin to repay your student loans.
Read this article to learn who Student Connections is and how they may be able to assist you in the student loan repayment process.

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