Exit Counseling

Notice:
New - Income Based Repayment plan (IBR) and calculator. It's a new way to make your federal student loan payments more manageable.

More IBR Info. Help is here!

About Exit Counseling:
As a student Stafford loan borrower and/or a Perkins Loan borrower, who drops below 6.0 credit hours (per semester) OR leaves UMFK, you are required to complete the appropriate Exit Counseling session(s). If you have borrowed from both loan programs, two separate Exit sessions will be required, i.e., for Direct loans and Perkins loan.

A "Hold" will be placed on your UMFK student account until the required Exit session(s) is/are completed successfully . A "Hold" on a student's account will prevent a student from acquiring an official academic transcript, receiving their diploma, and for registering for classes at any University of Maine campus, etc.

Important Note to Students Transferring to Another School: By completing the Exit Counseling session you are NOT necessarily putting your loans in repayment.  If you inform your servicer that you are back in school (for 6.0 credits or more) and your servicer determines that you are eligible for an in-school-deferment, your loan payments will be deferred.

Once the required Exit session(s) are completed, appropriate parties will be notified electronically.

Complete Direct Loan - EXIT COUNSELING - HERE @ www.studentloans.gov

  • FAFSA PIN number required to login
  • FAFSA Pin number information available from: www.pin.ed.gov
  • Direct Loan Exit questions should be addressed to the UMFK Financial Aid   Office at 207-834-7605 or email umfkaid@maine.edu.

Complete Perkins Loan - EXIT COUNSELING - HERE @ www. ecsi.net

  • Can't log in, click on: "Need help logging in?"

IMPORTANT
Do you want to know where you borrowed or how much you borrowed?
Retrieve your loan information at: NSLDS.

Note: Student's social security number and FAFSA PIN are required.

Last updated, 09/21/2011