LOANS
Loan Exit Counseling
Loan exit counseling is a mandatory process if you are a borrower planning to separate from school due to a withdrawal, transfer, or completion of studies through graduation.The electronic exit process will give you your total balance due on the amount borrowed through federal Stafford loan programs while you were enrolled in school. To create a user ID and password to complete the loan exit counseling process, visit https://studentloantransitionguide.usafunds.org.
If you have trouble making your education loan payments, contact your lender immediately. You may qualify for a deferment or forbearance as a form of payment relief. You must take action before you incur late fees.
Deferment
You have a right to defer repayment for certain defined periods. A deferment is a temporary suspension of loan payments for specific situations such as returning to school, unemployment, disability, or military service.
