Financial Aid

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Federal Loan Exit Counseling

The federal government, through the Department of Education, requires all students to complete loan exit counseling, so that borrowers understand their rights and responsibilities.

Mandatory Loan Exit Counseling:
All Stafford Loan Borrowers can meet this requirement by completing the following online exit counseling at:
Department of Education Exit Counseling 

You will need your FSA ID number to complete this process. The Federal Student Aid site provides a link below the "Log In" and the Department of Education has created this one page guide on 
How to create an FSA ID 

1) Click on the green "Log In" button.
2) Sign in with your Username and FSA ID.   
3) Click on "Complete Entrance Counseling" and follow the instructions. 

4) Click on "Complete Counseling."
5) Click on "Exit Counseling."


The U.S. Department of Education's EXIT Counseling Guide For Direct Loan Borrowers

Loan History:
The best way to review all of your federal student loan debt is through the National Student Loan Data System (NSLDS) ,where the government keeps track of your student loans. You will need your FSA ID number to complete this process. The Federal Student Aid site provides a link below the "Log In" and the Department of Education has created this one page guide on 
How to create an FSA ID

Be sure to review any information provided by your servicers. (You can find our who your servicers are via NSLDS.) 

Helpful Links:

Federal Loan Consolidation

Teacher Loan Forgiveness

Public Service Loan Forgiveness

Loan Repayment:

Repayment Options

Income Based Repayment Plan

Deferments and Forbearances

Calculators:
During our Loan Information Sessions, a number of you have expressed an interest in using the loan calculators. Here are some calculators that can assist you in determining the best repayment options.

Loan Consolidation Calculator

Standard and Extended Repayment Calculator

Income Based Repayment Calculator

Graduated Repayment Calculator

Income Contingent Repayment Calculator

Ombudsman:
The Office of the Ombudsman - The Ombudsman (through the U.S. Department of Education) helps resolve disputes and solve other problems with federal student loans. If you have done all you can to resolve an issue and haven't been able to reach a solution, the Ombudsman is there to assist you.

Baldwin Wallace University Contact:
Carrie Euype - Assistant Director of Financial Aid 
ceuype@bw.edu 
(440)826-2108 (Financial Aid Office)

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