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Student Loan Information
- Eligibility process
- Entrance
counseling (Stafford)
- Application process
- Exit interview processes
Please read the following information before clicking on the above exit link -
- Graduating students who need to complete their on line exit interview requirement(s) should plan to dedicate at least 24 to 72 hours (depending on debt types) to successfully complete the exit interview requirement. This time allows for downloading and reviewing of the Educational Debt Worksheet; completing on line counseling modules (per debt type); ordering, completing and submitting required forms to the Student Accounts Office; and contacting each lender to update address, phone, and non-Cal Poly email address.
- To allow time for system updates, please do not attempt to complete the exit interview process until at least 6 to 8 weeks after receiving your last loan disbursement. Completing exit processes any earlier may result in the quoting of outdated debt information.
- Before attempting to complete the exit interview processes, we strongly advise our students to read and work the Educational Debt Worksheet and access the National Student Loan Data System (NSLDS) - as outlined on the exit instruction page. Doing so will help you understand and organize your repayment obligations.
- Loan
consolidation information
- Because consolidating loan debt does not necessarily benefit every loan borrower, we recommend that a borrower complete the exit interview processes for each of their debt types before looking into consolidating. Consolidation has a direct impact on the interest rate applied, the amount of interest paid over time, and the potential forfeiture of debt cancellation benefits.
- There have been recent changes to the federal Perkins loan program benefits. Please review the fact sheet below. The benefits referenced may or my not remain available to a borower who decides to pay off their Perkins loan through consolidation. Please review the fact sheet, then direct questions to your potential consolidation lender.
Changes to the federal Perkins program benefits
- Loan repayment
- Obtaining annual student loan interest paid information
- Debt Comparison Chart
Counseling requirements and repayment terms for loan, grant and scholarship programs
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