Exit Counseling is designed to assist you with understanding your specific loan terms and conditions as well as establishing a loan repayment option suitable to your financial capabilities. Awareness of your loan options, rights and responsibilities is crucial to successful repayment. Please see our Exit Counseling Instructions.
You MUST complete Exit Counseling if you:
- Register less than half-time
- Take a Leave of Absence
- Transfer to another institution
PLEASE NOTE: The documents below require Adobe Acrobat Reader. If you do not have it, download it free at www.adobe.com.
BU Loan Exit Counseling Session Form: To be completed if you received any BU need-based loans.
BUSM Change of Enrollment Form: To be completed if you are taking a Leave of Absence or are Withdrawing.
representatives can help address student loan repayment or financial aid questions. Visit Access Lex Institute for more details. For a free personal-touch student loan repayment service designed to help borrowers choose the right repayment plan visit the Access Lex Institute financial education website.
Federal Direct Subsidized and Unsubsidized loan borrowers can complete Exit Counseling electronically at www.studentloans.gov. If you received any BU need-based loans during your education at BUMC, you are required to meet with a SFS staff member in addition to completing your online Direct Loan requirement. It is recommended that you complete the Federal Exit Counseling prior to attending a session. BU Exit Counseling requirements operate differently for each school:
Henry M. Goldman School of Dental Medicine students attend one of three presentations during Integrated Problems and Practice Management as a part of the SPS Sign-Out process. To learn more about repayment, loan servicing, consolidation and debt management, we invite you to visit the American Dental Education Association (ADEA) website.
School of Medicine students attend a Careers in Medicine presentation in April of their graduating year. Visit Financial Information, Resources, Services, and Tools (FIRST) offered by the Association of American Medical Colleges (AAMC) to help manage your student debt.
Julie Fresne, Director of Student Financial Services, AAMC
April 7, 2017 – 5 – 7:00 p.m.
School of Medicine, Keefer Auditorium
School of Medicine Exit Counseling sessions – to be conducted by Assistant Director Drew Sands.
Friday, April 21, 2017 12:00 – 1:00 p.m. / Room B406
Friday, April 28, 2017 12:00 – 1:00 p.m. / Room B406
Friday, May 5, 2017 12:00 – 1:00 p.m. / Room B406
Friday, May 12, 2017 1:00 – 2:00 p.m. / Room B406
Friday, May 19, 2017 12:00 – 1:00 p.m. / Room B406
School of Public Health Exit Counseling sessions – conducted by Assistant Director Scott Harrison. All sessions will be held in Robinson B-404
Wednesday , December 6, 2017 10:00 – 11:00 AM
Thursday, December 7, 2017 11:00 AM – 12:00 PM
Friday, December 8, 2017 12:00 – 1:00 PM
Monday, December 11, 2017 12:00 – 1:00 PM
Thursday, December 14, 2017 3:00 – 4:00 PM
Friday, December 15, 2017 10:00 – 11:00 AM
If you are a Federal Direct Loan ONLY borrower and have questions following your online Exit Counseling, you can schedule an individual session with SFS.
During your individual or group Exit Counseling session, you will:
- Be given a Loan Borrowing Summary detailing prior and current education loan debt with repayment amounts
- Learn about the terms and repayment conditions of the loans you were awarded
- Receive a copy of BU promissory note(s)
- Receive lender contact information
- Provide references for student contact information purposes only
- Authorize the receipt and understanding of the information presented by a SFS staff member
It is our goal to present you with information to effectively manage your student loan debt in the years ahead. Although the information we provide during your Exit Counseling Session is the most current, requirements governing loan programs and repayment are always subject to interpretation and regulatory or legislative revisions. It is therefore very important that you read all communications from lenders and servicers notifying you of any changes.