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Direct loan entrance counseling

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Loan Entrance Counseling. Entrance counseling is a federal requirement for all loan borrowers at Community College of Philadelphia. It’s used to educate students on the types of funds they’re borrowing, the amount they can borrow, interest rates, repayment options and debt consolidation. STEP 1: Loan Entrance Counseling Online First, complete a MANDATORY Loan Counseling Entrance Exam ONLINE. This is required each academic year you request a Direct Loan. Click Here to Take the Loan Counseling Entrance exam You must complete Direct Loan Entrance Counseling before you can receive your Direct loan funds.

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Direct loan entrance counseling

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UB will also be notified that you have completed the counseling, as long Entrance counseling has its benefits. If you complete it and realize a direct student loan isn’t right for you, you can cancel all or part of it without penalty. More likely, the student loan counseling will confirm what you already know about student loans and emphasize the finer points of your responsibilities as a borrower. Direct Loan Entrance Counseling Students who are first-time borrowers of a Federal Direct Loan at LSSU are required to complete mandatory loan counseling prior to receiving loan funds. You may complete the entrance counseling tutorial at https://studentaid.gov/ .

Direct loan entrance counseling

Federal Direct Loans - Steps to Completing Entrance Counseling on studentaid.gov. 1. The student logs in to studentaid.gov using his or her Federal Student Aid (FSA) ID: . 2.Once logged in, select “Complete Aid Process” then choose “Entrance Counseling” from the drop-down menu.
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Direct loan entrance counseling

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In the case of online students, the entrance counseling at www.StudentLoans.gov is used as an alternative while providing the student with availability of personal contact with the financial aid Go through entrance counseling. If you’re borrowing a Federal Direct Subsidized or Unsubsidized Loan or a Federal Direct PLUS Loan for the first time, you must go through online entrance counseling. Entrance counseling will help you understand the federal loans you’re borrowing and the options you’ll have to repay them. Federal Direct Loans - Steps to Completing Entrance Counseling on studentaid.gov. 1. The student logs in to studentaid.gov using his or her Federal Student Aid (FSA) ID: 2. Once logged in, select “Complete Aid Process” then choose “Entrance Counseling” from the drop-down menu.
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Subject: Supplemental Information - Online Direct Loan Entrance Counseling Functionality. We previously posted guidance about Direct Loan Entrance Counseling in a March 19, 2010 Electronic Announcement on the Information for Financial Aid Professionals (IFAP) Web site. Loan Entrance Counseling. Entrance counseling is a federal requirement for all loan borrowers at Community College of Philadelphia.

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Fulfilling the entrance counseling requirement Entrance counseling can be completed on paper or via the web. Federal Direct Loan Entrance Counseling Page 3 of 3 10/7/2015 Complete all sections within the counseling session and click “Submit”. You will receive a confirmation email from StudentLoans.gov immediately after completion. Keep the email for your records. UB will also be notified that you have completed the counseling, as long Entrance counseling has its benefits.


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Log in to WISER with your campus user ID and password, which is the same as your campus email without @umb.edu . Direct Loan Entrance Counseling is a federal requirement for all students borrowing a Federal Direct Loan for the first time at Bridgewater State University. Students are required to complete Direct Loan Entrance Counseling before the proceeds from the Direct Loan can be disbursed to the student account. The Federal Government requires you to complete entrance counseling to ensure that you understand the responsibilities and obligations you are assuming. Direct Loan Master Promissory Note (MPN) The Master Promissory Note (MPN) is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the U.S. Department of Education.