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What is entrance counseling?

My financial aid adviser told me I need to do an entrance interview for my loan obligations.
Last Updated: Aug 05, 2013  |  2 Views

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Entrance counseling explains the obligations you agree to meet as a condition of receiving a Direct Loan. Topics covered in the counseling include:

  • Understanding Your Loans
  • Managing Your Spending
  • Planning for Repayment
  • Avoiding Default
  • Making Finances a Priority

If you are a student and have not previously received a subsidized/unsubsidized loan or PLUS loan (graduate/professional students only) under the Direct Loan Program or Federal Family Education Loan (FFEL) Program, you must complete entrance counseling for that loan type before receiving a loan to ensure that you understand your responsibilities and the obligations you are assuming.

You may complete the counseling online through the StudentLoans.gov website.
Answered by Lori MichoBookmark and Share

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