Direct Loan Exit Counseling
Important requirement for all federal student loan borrowers who are either dropping below half-time enrollment or leaving WVU during or at the end of the current semester:
For example, if you are …
- dropping below half-time enrollment (see definition below)
- transferring to another school
- sitting out this term
- beginning a leave of absence
- stopping out of college
If so, you are required to complete Exit Counseling at www.studentloans.gov before you graduate, withdraw, or otherwise cease to attend school at least half-time.
If you are graduating, you should receive an email to your MIX account and/or letter to your permanent address on file with instructions for completing the Exit Counseling process.
STUDENTS REQUESTING FEDERAL LOANS MUST BE REGISTERED AT LEAST HALF-TIME
Undergraduate level students are considered to be half-time as long as they are enrolled for at least 6 credit hours during Fall, Spring, or Summer terms.
Graduate and Professional level students are considered to be half-time as long as they are enrolled for at least 5 credit hours during Fall or Spring terms or 3 credit hours during Summer term.
How do I complete the Federal Direct Loan Exit Counseling?
- Go to www.studentloans.gov
- Log in with your Federal Student Aid ID
- Click on “Complete Counseling”
- Select “Start Exit Counseling” under the Exit Counseling section
*Note: If you have a Federal Perkins Loan or Institutional Loans, you will receive a different exit counseling communication from Heartland/ECSI. As these loans are not within the Federal Direct Loan program, they have a separate exit counseling requirement.