Student Loan Counseling Interviews

For most American students, borrowing has become the primary way to pay for higher education. Colleges and Universities have partnered with lenders to develop a debt management and counseling program to help students better understand their credit situation. Federal loan regulations now require borrowers to complete an entrance counseling interview prior to receving a federal student loan and an exit counseling interview, after the borrower graduates or withdraws from the school.

Student Loan Entrance Counseling Interview

Several lenders have created Intenet based applications to provide students with a convenient way to complete the entrance counseling interview. These online applications guide the student through a series of informational pages, provide worksheets and other interactive tools. After completing the application, a record of the student's participation in the session is forwarded to the school.

Learn more about the student loan entrance counseling interview.

Student Loan Exit Counseling Interview

Like the entrance counseling interview, the online exit counseling interview allows the borrower to be better educated prior to student loan repayment using online worksheets and calculators. Because exit counseling requires the school to collect the borrowers address and reference information, borrowers must be prepared with this information and must provide this information in the online exit session.

Learn more about the student loan exit counseling interview.