Prior to graduating or leaving college, borrowers are required to complete an exit counseling session. This web‑based exit counseling session ensures you understand your rights and responsibilities as a Federal Direct Loan borrower.
William D. Ford Federal Direct Subsidized / Unsubsidized and Grad PLUS Loans
Students who have borrowed through the Federal Direct Loan Program (Subsidized, Unsubsidized, or Graduate PLUS) while at the University of Georgia are required by law to participate in exit counseling if they are graduating, withdrawing, or dropping below half‑time enrollment.
Topics Covered in Online Exit Counseling
- Summary of total Federal Direct Student loan indebtedness
- Summary of total non‑Federal Direct Student loan indebtedness, including FFEL and Perkins loans
- Interest rates
- Information about entering repayment
- Repayment plan options
- Making payments
- Choice of monthly payment date
- Prepayment
- Consequences of default
- Loan consolidation
- Deferments
- Forbearances
- Loan discharge
- How to contact the Direct Loan Servicing and Loan Consolidation centers
- Information on the Direct Loan website
Ensure UGA Receives Your Completion
For the University of Georgia Office of Student Financial Aid (OSFA) to be notified that you completed online exit counseling, be sure the University of Georgia is listed as your current school of attendance. You will be asked this after you complete and pass the exit counseling quiz.
Otherwise, you must provide OSFA with a copy of the Borrower’s Information and the Rights and Responsibilities Summary Checklist you are prompted to print during the online exit counseling session.
Questions?
If you have questions regarding your loan after completing the web‑based exit counseling, or if you are directed to contact a school representative, please contact OSFA directly.
Complete Exit Counseling
Sign in to studentaid.gov (opens in a new tab) using your U.S. Department of Education FSA ID to complete the Exit Counseling session. If you don’t have an FSA ID, see: Creating and Using Your FSA ID (PDF) (opens in a new tab) .