If you borrowed a Perkins or Berner loan for your education any time as Georgia State student, you’re required to have a loan exit interview before you leave Georgia State for any reason (leave of absence, voluntary withdrawal, medical withdrawal, required withdrawal, graduation, or enrolling less than half-time).
Your loan exit interview is your chance to learn about your rights – including grace periods, repayment options, deferments, and forbearances and your responsibilities – including when repayment begins and your minimum monthly payments. It’s also a great opportunity to get general information you’ll need to manage your student loan debt successfully.
If you plan to return to Georgia State after a leave or withdrawal, you will have a registration hold if you don’t complete your exit loan interview before leaving or withdrawing.
If you are graduating and borrowed a Federal Perkins Loan or a Berner Loan, Student Accounts will notify you that you can complete your loan exit counseling online.
At your loan exit interview, you will
- Review what you learned back in entrance loan counseling, such as the consequences of default and the importance of the repayment obligation and the use of the master promissory note.
- Review any repayment options such as standard, extended, graduated, income-sensitive/contingent, income-based and consolidation.
- Review deferment, forbearance and discharge rules and procedures.
- Learn about federal loan information available on the NSLDS web site.
- Learn about the Federal Student Assistance (FSA) Ombudsman’s Office.
- Review your rights and responsibilities as a borrower.
- Provide updated contact information, such as expected permanent address, address of next of kin, and name and address of employer if known.
- Update any changes to personal information (name, driver’s license number, Social Security number, etc.) if necessary.
- Receive contact information for your lender(s).
After you attend your loan exit interview, you will get a confirmation e-mail. You should keep this e-mail for your records.
The Student Financial Management Center and the Offices of Student Accounts and Financial Aid are available to assist you despite the office physical closure. View Panther Answer to contact us.
Student Financial Management Center is using Virtual Advising Appointments to assist students with questions regarding financial aid and student accounts. Please click below to schedule an appointment.