As fall approaches, are you looking to brush up on the requirements for providing entrance loan counseling to your students? USA Funds® offers financial aid administrators an online course that reviews federal regulations for entrance loan counseling as well as exit counseling. The course also offers additional counseling suggestions.
After completing the course, “220 Loan Counseling,” you should be able to:
- Define entrance and exit counseling.
- Identify which of your students must receive loan counseling.
- List the items you must communicate to students during loan counseling.
- Analyze your current counseling methods to determine if they meet federal requirements.
Financial aid administrators are required to provide loan counseling to all Stafford and graduate PLUS loan borrowers, with student-borrowers required to complete entrance counseling prior to the time the school disburses the federal loan funds.
The 30-minute loan counseling course is among the USA Funds University online courses recently updated for the 2013-2014 academic year.
New users of USA Funds University online courses are required to complete a simple, one-time registration process.