Planning for the repayment or consolidation of your student loans takes some thought and an evaluation of your situation and options. Understanding your options, the hazards of default, and how to resolve federal student loan disputes are critical to your future financial health.
Exit Counseling
Exit counseling is required of any student who received a student loan(s) and/or Federal TEACH Grant while attending UA Little Rock. This counseling is designed to assist students with understanding their rights and responsibilities that apply to their loan or Federal TEACH Grant award.
Exit counseling must be completed whenever a student:
- Drops below half-time enrollment
- Graduates
- Withdraws from the University
Where to Complete Exit Counseling
For your convenience, Exit Counseling is provided online.
Exit counseling informs you of your rights and responsibilities regarding the repayment process as well as:
- Terms of the Loan(s)
- Repayment Options
- Deferment and Forbearance
- Loan Forgiveness Programs
- The danger of default and how to prevent it from happening
- Loan Rehabilitation
- Debt Management
- Prepayment Information
If you struggle to repay your student loan, you should consider one of the many loan repayment options. For example, based on your income, you may qualify for a repayment plan that requires a $0 monthly payment, and other opportunities can forgive your loan after ten years of repayment. Learn more at Federal Student Loan Repayment Plans.
Additional information on all your federal student loans is also available to you online.
You can see much more information in the Exit Counseling Guide for Federal Student Loan Borrowers.
Please feel free to contact the Office of Financial Aid and Scholarships at UA Little Rock if you have questions about your student loans.
