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

The UC is switching loan servicers to Heartland ECSI in August 2017. We will post contact information once all accounts are available with the new servicers.

Online exit counseling is expected to be unavailable until August 21, 2017. If you have ZF hold for an exit requirement and need access to your records before then, please contact our office at 530-752-3646 or email collections@ucdavis.edu for instructions.

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

UC Davis

Health Professions Student Loan

UC Davis

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

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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