If you are graduating, dropping below half-time, or withdrawing from the university, AND borrowed a federal Stafford loan, you are required to complete a Loan Exit Counseling session.
Loan Exit Counseling provides you with deferment, forbearance and consolidation information if you decide to return to school or you are unable to make your payments for any reason. Explanations of the different repayment programs, repayment calculators, important terminology and several other valuable resources are also part of the process.