Federal Regulations require all borrowers who graduate or
discontinue enrollment on the Southern Nazarene University campus to complete
Exit Counseling. Exit Counseling will explain your rights and responsibilities
as a borrower and help you begin to prepare for the repayment of your Stafford
Loan. In order to fully complete the exit interview, you are advised to have the
following information available:
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Your Social Security Number
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Your Driver's License Number
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Name, Address, Telephone Number of Next of Kin
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Name, Address, Telephone Number of two references whom the
lender could contact if they should lose contact with you
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Name, Address, Telephone Number of your Expected
Employee
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Name of Guaranty Agency who guaranteed your student
loans
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Name of your Lender
To complete your exit requirement, select the Exit
Counseling button below, read the information provided and take the quiz at
the end of the session to reaffirm your understanding of student loans. Click
the OK button at the end of the quiz, and if you have answered the
questions correctly, click the Finish button.
Based on the information you have provided, you will be given a
budget with estimated payment options for standard and graduated loan repayment.
Once again, click the Finish button at the bottom of the budget page
and you will have completed the Exit Counseling session.
Our office will receive electronic notification that you have
successfully completed Exit Loan Counseling and will notate your financial aid
record accordingly. If you have questions regarding Exit Loan Counseling,
contact our office at 405.491.6685.
ADDITIONAL SUGGESTIONS
In addition to the
information above and presented in the counseling session, we also suggest:
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Take your loan obligations very seriously
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Keep complete records and ask questions
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Keep a copy of all correspondence and payments made (such as
canceled checks) until your loan is paid in full
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Keep a phone log: date, time, names, content of
conversation
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Do not ignore your mail or phone messages
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Create a personal monthly budget
CLICK HERE to begin Exit
Counseling.