It is a US legal requirement for all students who take out Direct Loans to undergo entrance counselling. Whilst this may sound daunting, it is simply a process to make sure that you understand the responsibilities and the terms and conditions of your loan.
Please complete entrance counselling on the StudentLoans.gov website. You will need your FSA ID. If you are just taking a Direct Stafford Loan the Direct Stafford Loan entrance counselling will need to be completed. If you are also taking a PLUS Loan please complete the PLUS Loan entrance counselling. In addition you'll need to print out the counselling confirmation and send it in with your application as we require proof that the counselling session(s) have been completed.
Please note: we will not be able to proceed with completing and certifying your loans until we have a copy of the counselling confirmation.
US regulations also stipulate that you must complete exit counselling by the time you finish your studies at Cambridge. This has to be done before you graduate, drop below half-time attendance, or withdraw, regardless of whether you plan to transfer to another University or re-enroll at the University of Cambridge at a later date. The counselling session will help you understand your rights and responsibilities as a student loan borrower and provides useful tips and information to help you manage your loans.
Please complete exit counselling on the StudentLoans.gov website:
You'll need your FSA ID and it will take you approximately 30 minutes. Please email the 'Completed Exit Counselling' confirmation page to the Student Loans team (firstname.lastname@example.org) once completed. We'll then update your records here to confirm that you have met the requirements of Exit Counselling.