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All
students who borrow a federal Stafford loan are required by
federal regulation to complete an entrance and exit loan
counseling session.
Entrance Counseling
First-time student borrowers must complete Entrance Counseling
prior to loan disbursement. This brief online session explains
important information about borrowing student loans and money
management during school. Entrance Counseling may be completed
at
https://staffordloanguide.usafunds.org/ Once the session is successfully completed, the student receives
a confirmation number, and Nellie Mae notifies LSU
electronically.
Exit Counseling
Exit Counseling must be completed when a borrower ceases to be
enrolled at least half-time. The online session explains what
the borrower should expect upon entering loan repayment. LSU
notifies students by email when Exit Counseling must be
completed. For most students, this occurs just prior to
graduation. The session may be completed at
https://studentloantransitionguide.usafunds.org/ |