LOAN EXIT COUNSELING

If you borrowed a federal loan (Stafford, GSL, SLS, Direct Loan) to help finance your college education at Westchester Community College and/or another college, Federal regulations MANDATE that you complete an exit interview if you fall into any of the categories below:

Not registered in this current semester
Not registered at Westchester Community College, but are registered at another college
Enrolled for less than 6 credits
Scheduled to graduate at the end of this semester
Indicated on your loan application that you would graduate this semester
Withdrew or dropped out of school

Even if you did not borrow your loan through Westchester Community College, the federal government still requires you to do the exit interview. The information provided in the exit interview outlines your rights and responsibilities to repay your student loan, your deferment options, payment plans, and other pertinent loan information. A hold will be placed on your account at the college until this process is completed.

If you borrowed both FFELP and Direct Loans, you will need to complete both exits. Complete the exit online by following the instructions outlined below:

FFELP Loan Borrower (Bank loan such as Citibank, Sallie Mae etc.)
If you borrowed a FFELP loan you must apply for a New York State Higher Education Corporation (HESC) Pin number. The pin number allows you to access your loan information in real-time through Meteor at Mapping Your Future (MYF).

Log on to the site below then follow the instructions: https://web1.hesc.org/authenticate/welcome.hesc?ai=26&sp=8576&si=4117

Federal Direct Loan Borrower

If you borrowed a Direct Loan, log on to www.nslds.ed.gov

Click on Exit Counseling
Select Start after you read the instructions
Read instructions on each page then select next until you get to the Login page
Login in with your FAFSA pin then proceed

Once you have completed your exit interview, we should get your result within 1-2 business days. The hold on your account will be lifted once we receive your result.

If you have any questions or comments you may reach the Financial Aid Office at (914) 606-6773 or by e-mail at finaid@sunywcc.edu

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