Federal regulations require that Federal Direct Loan borrowers complete entrance counseling and exit counseling. Students are notified via OU email and via their One account that they need to complete counseling.
Loan Counseling | Entrance | Exit |
---|---|---|
What? | 20-30 minute, online counseling session intended to educate students of the responsibilities and obligations of borrowing Direct Loans. | 20-30 minute online counseling session intended to prepare students for Direct Loan repayment. |
Who? | All first-time student borrowers of Direct Loans. | All student Direct Loan borrowers who leave school. |
When? | After Direct Loan acceptance and prior to disbursement. | When you drop below half-time, graduate, or otherwise leave school. |
How? | Complete student loan entrance counseling | Complete student loan exit counseling |