Ohio Mid-Western College | a higher eduaction with a higher calling

Financial Aid - Exit Counseling for Student Loans

What Is Exit Counseling?

When you as the student take out student loans you must complete entrance counseling so you are educated on this expense and the details of assuming the loan. Exit counseling is very similar to entrance counseling in that it is designed to educate you on your future with your loans. However, it is not only geared toward the specifics of repayment, but also toward additional information you will now need to aid you into the future. Exit Counseling is handled through the National Student Loan Data System (NSLDS), the database system utilized by the federal government to track all financial aid information for all students. You the student can access exit counseling by going to www.nslds.ed.gov/nslds_SA/SaEcWelcome.do and choosing the "START" button for loan exit counseling. You will need to provide your information as it asks and proceed through the process of completing the exit counseling. Once you are finished you will receive an Exit Counseling Certificate. Print this (if you can) as your confirmation that you have completed this vital step in the student loan process.

Exit Counseling if Dropping below Half-Time
or Withdrawing from School

To maintain eligibility for Direct Student Loans you the student must be enrolled at least half-time (which is two classes currently). If for some reason you fail to enroll at least half-time you will need to complete exit counseling if you have received any student loans during your course of study at OMW. It is important to note that YOU ARE NOT ELIGIBLE FOR ANY AMOUNT OF STUDENT LOANS IF YOU ARE NOT ENROLLED AT LEAST HALF-TIME. You will want to access the exit counseling at www.nslds.ed.gov/nslds_SA. You will click on "Exit Counseling" then click on the "START" link for Loan Exit Counseling. You will need to provide your personal information and log into your account. Once logged in, you will be given the option to complete your exit counseling. You will need approximately 45–60 minutes to complete this component. Once you are finished you will be given a Completion Certificate. If you can, please print this to keep with your records.

Exit Counseling for Graduates

Congratulations on your awesome accomplishment! Now that you have gotten the difficult part of obtaining your degree behind you it is time to take care of a few loose ends. One of those loose ends for all graduates is Exit Counseling. If you have received any student loans during your time here at OMW, you will need to complete exit counseling to prepare you for your future in paying back your student loans.

To accomplish this task you will first go to www.nslds.ed.gov/nslds_SA and click on "Exit Counseling." You will need to click on "Start" to complete your exit counseling. You will be taken through several pages of information to prepare you to begin this process. Once you have read this information you will be taken to a login page to sign in and begin the actual exit counseling. You will wish to dedicate around 45-60 minutes toward completing this vital task. Once you are finished you will be given a confirmation and a completion certificate. You can print this to keep in your file for future reference if you ever need it.

Once again, CONGRATUALTIONS on your big accomplishment and may God bless you well into the future!