Entrance counseling is required of all first time Stafford Loan or Graduate PLUS loan borrowers. Entrance counseling will educate the borrower about their loan’s terms and conditions, their rights and responsibilities, the loan process, and tips on managing educational expenses.
Exit counseling is required when a borrower is preparing to leave Iowa State University. Exit counseling will educate the borrower about how to effectively manage and handle their student loan repayment. Exit Counseling can be completed online at studentloans.gov or by scheduling an appointment with a Financial Literacy Adviser in the Student Loan Education Office.