Student Accounting

Exit Loan Counseling

Federal regulations mandate that all student loan borrowers complete exit loan counseling anytime they drop below half-time status or when they file for graduation.  This can mean a borrower may be required to complete exit loan counseling multiple times throughout their academic career.  Completion of exit loan counseling in no way effects a borrower’s ability to get future financial aid nor does it put your loans into repayment.  Your loans will only enter repayment if you are no longer enrolled at least half-time* (full-time for HPSL loans) at an eligible institution.

Exit loan counseling is an opportunity for the borrower to review their rights and responsibilities regarding their student loan(s) as well as provide their lender(s) with updated contact and reference information.  The types of loans borrowed while at UC Davis will determine the exit requirement(s) a borrower may have.  Please refer to the chart below to determine which exit requirement(s) you may need to complete. 

Loan

Lender

Billing Servicer

Exit Requirement

Federal Perkins

UC Davis

ACS, Inc. – Education Services

P.O. Box 7060

Utica, NY 13504-7060

Phone number: (866) 575-4517

https://www.acs-education.com

Financial Counselor Online Exit

University Student Loan (USL, MRAK, Kendall, Liter)

UC Davis

Financial Counselor Online Exit

Health Professions Student Loan

UC Davis

Financial Counselor Online Exit

In addition you must sign your disclosure statement.  Student Accounting will contact you via your UC Davis email regarding this requirement.

Noyce Repayable Scholarship

UC Davis

Must sign and return your disclosure statement and exit questionnaire.  Student Accounting will contact you via your UC Davis email regarding this requirement.

CA Dream Loan

UC Davis

Dream Loan Counseling

Federal Direct & PLUS loans

Department of Education

Will be listed with your loan record on https://www.nslds.ed.gov

(You will need your FAFSA ID for this website)

https://studentloans.gov

(You will need your FAFSA ID for this website)

For those needing to complete their exit loan counseling requirement for any loan owed back to UC Davis, a ZF hold will be placed on their account.  This hold will block all access to student records as well as future registration. The hold will be removed within 2 business days after the requirement has been completed.

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