Who must complete Exit Counseling?

Any student who received a student loan while attending the University of Florida MUST complete an on-line Exit Counseling session.

When must I complete Exit Counseling?

A student must complete Exit Counseling when they graduate, drop below half-time enrollment, withdraw from the University of Florida or have not paid their fees by the fee payment deadline.

Graduating seniors will receive an exit interview packet in the mail approximately one month prior to commencement. For Federal Perkins, HPSL/LDS, PCL and Institutional Loan borrowers, the packet will contain a repayment schedule, copy of signed promissory note(s) and instructions for on-line Exit Counseling. Federal Direct Loan borrowers will receive repayment information directly from the Direct Loan Servicer.

Students who drop below half-time enrollment or withdraw from the University of Florida and have not completed Exit Counseling will also be mailed an exit interview packet. After the on-line Exit Counseling has been completed and UFS receives the ORIGINAL signed repayment schedule, the exit interview hold will be removed from the student's record.

Why must I attend an Exit Counseling Session?

The Exit Counseling will cover important information you should know about your loan(s). In addition, Exit Counseling is mandated by Federal regulations. When you accepted your student loan, you made a legal agreement to complete Exit Counseling before you leave the University of Florida.

Note: Those who do not complete Exit Counseling will have their official transcript, diploma, and other University services placed on hold.

What information will be covered by Exit Counseling?

• Loan Repayment Plan
• Repayment Options
• Deferment and Forbearance
• Cancellation
• Loan Consolidation
• Loan Rehabilitation
• Debt Management
• Prepayment
• Consequences of Default

How do I complete my Exit Counseling Session?

For your convenience we are pleased to provide online Exit Counseling at www.ecsi.net to simplify the final step in your borrowing process for your student loans. Complete instructions are on this website.

Helpful Web sites:

To access your specific account information:

http://www.dlservicer.ed.gov/
You will need: Social Security Number, Date of Birth, Zip Code of Record

To calculate your monthly payment based on a specific repayment plan:

http://www.ed.gov/offices/OSFAP/DirectLoan/

Additional on-line guides and handbooks are available at:

http://www.ed.gov/offices/OSFAP/DirectLoan/pubs/studentpubs.html

LoanLocator^sm
LoanLocator is the National Student Loan Clearinghouse's website service designed specifically to help students track their education loans. Available through http://www.nslc.org/, LoanLocator delivers to students an up-to-date list of loan providers and means for contacting them via telephone or Internet hyperlink.