Entrance Counseling
Step 2: Select Your Loan Type
Why is Loan Counseling Important?
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- Helps you understand your rights and responsibilities as a student loan borrower
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- Provides information and terms to help you make the right choices
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- Your school requires you to complete Entrance and Exit Counseling
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Continuing your education is a major investment for your future. If you decide to make loans a part of this investment, managing the debt you incur is a major responsibility. To ensure that you understand this responsibility and the obligation you are assuming, the Federal Government requires you to participate in loan counseling prior to receiving a Direct Loan, if you have not previously received a Direct Loan, Federal Family Education Loan, or Supplemental Loans to Students (SLS) Loan.
Check with your school to make sure this session will satisfy your school's requirements for Entrance Counseling.
You can add additional schools that you want to receive your Entrance Counseling results in the "Review the Results" session.
Stafford Loan
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Undergraduate and graduate or professional students may receive Direct Stafford Loans.
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PLUS Loan
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Graduate or professional students in a graduate program may receive a Direct PLUS Loan.
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Combination - Stafford and PLUS Loans
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Graduate or professional students in a graduate program may receive both Direct Stafford Loans and Direct PLUS Loans.
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