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 Direct Loan "Exit" Counseling is REQUIRED for Direct Loan borrowers (Subsidized and/or Unsubsidized) who are graduating or dropping below half-time enrollment. This counseling session, which is on the U.S. Department of Education's Direct Loan Servicing site, helps borrowers understand their rights and responsibilities in repayment. You must use your Department of Education PIN to access this counseling session.
| NOTE: Perkins Loan borrowers must complete exit counseling through the U-M Student Loan Collections Office and Educational Computer Systems, Inc. (ECSI): www.ecsi.net. For more information, see the Student Loan Collections website at www.finops.umich.edu/StudentLoans/exit.htm. |
- Direct Loan "Entrance" Counseling is REQUIRED for first-time Direct Loan borrowers (Subsidized and/or Unsubsidized) who are first-year students. This counseling session and quiz, which is on the U.S. Department of Education's Direct Loan Servicing website, helps students develop a budget for managing educational expenses and helps borrowers understand their loan responsibilities. You must complete the counseling before your loan will be disbursed to you.
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