Failure to complete the appropriate counseling within 30 days of the student's acceptance of the loan (or at least 30 days prior to their last date of enrollment) may result in the cancellation of their loan(s).
First-time borrowers of a federal student loan must complete entrance counseling on the web. Once the student passes the online quiz we will be notified electronically. If a student is enrolled and has not completed entrance counseling within at least 30 days after their loan(s) have been offered, their loan(s) may be canceled.
Loan exit counseling is required for students who have petitioned to graduate (or whose enrollment has dropped below half-time) and have been a recipient of federal student loans. Repayment of federal student loans begins six months after graduation (or six months after a student is no longer enrolled at least half-time). When exit counseling is required, you will be notified via your Western email that you have an outstanding requirement to complete. You can find out about your loan debt, repayment, deferment and forbearance options by visiting studentloans.gov and logging into the National Student Loan Data System (NSLDS).
Updated: April 15, 2013 12:08 PM
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