All students who borrow under the federal loan programs are required to complete an Exit Counseling session when they graduate, withdraw, drop below half-time, or transfer to another college.
Understanding the student loan repayment process is a crucial part of borrowing. Exit Counseling covers many important loan topics and provide answers to the most frequently asked questions about repayment. Some of these topics include:
- Repayment Plans
- Repayment Incentives
- Deferments and Forbearance
- Loan Consolidation
- Loan Forgiveness
- Borrower's Rights & Responsibilities
Exit Counseling for Direct Loans can be completed online at studentloans.gov. You will need your FSA ID to log in.
Exit Counseling for Perkins Loans can be done:
Online - If you completed your Entrance Interview and Promissory Note online, you can complete your Exit Counseling online at http://slsc.albany.edu/.
In Person – If you completed your Entrance Interview and Promissory Note in person, you will need to contact the Student Loan Counseling Office at 845-257-3198 to make an appointment to complete your Exit Interview.