Do you know what Exit Counseling is?
Actually, I do not know exactly what it is.
Do you know who should complete the exit counseling?
Yes, I know I am supposed to complete it but not why.
It is a step required for students who leave school, graduate, or fall below half-time student for PLUS loan, subsidized or unsubsidized loan under the Direct Loan Program or the FFEL Program.
What information does exit counseling provide?
Exit counseling gives important information that helps you prepare to repay your federal student loan.
Alright. I'd also like to know about FFEL Program. And what should I do to receive a Direct PLUS Loan?
Before you can receive a Direct PLUS Loan, you must complete a Direct PLUS Master Promissory Direct PLUS Loan MPN promissory note, which explains all the terms and conditions of Direct PLUS loans and constitutes your legally binding agreement to pay all Direct PLUS loans that receive under the Direct PLUS MPN loan
And how do I apply for a PLUS loan?