How Do I Apply?

If you are a senior or a graduate student graduating this semester, and have borrowed from one of the various student loan programs, it is important you understand the responsibilities and obligations as a student loan borrower. The more informed you are now, the more prepared you will be in the future. Federal Regulations require you to participate in an online Loan Exit Counseling which provides important information to prepare you to repay your federal student loan(s).

In order to fulfill the online Loan Exit Counseling requirement, you will need an FSA ID. Your FSA ID will also allow you to access various websites including; the National Student Loan Data System (NSLDS) and Direct Loan Consolidation. If you do not have or do not remember your FSA ID, you can create or reset yours here.  This is the same ID that you have used to complete the FAFSA. 

You must first review the Exit Counseling information for your loans, and then you will be directed to take a quiz. Your quiz results will be electronically sent to The Solution Center. Your Loan Exit Counseling requirement is not considered complete until you have completed and passed the quiz.

Visit the federal Student Loan website to access online Loan Exit Counseling.

If you have any questions or concerns, please feel free to contact The Solution Center.  You can also visit our “Know What You Owe” website for some valuable resources regarding student loans.

Students with financial holds on their account may participate in graduation; however, diplomas will be released only to students who have been financially cleared. Please check your SiS account for information on any possible holds.

If you have any questions or need assistance with the Perkins Exit Interview process, please contact Student Financial Services at  TheSolutionCenter@uml.edu.