Students who borrowed loans through the Federal Direct Stafford Loan Program and/or the Perkins Loan Program while at BU Law are required to complete an Exit Counseling Session.
The Exit Counseling Session is an opportunity to learn about the repayment terms that apply to your federal loans. The Law Financial Aid Office will provide information for federal and private loans regarding loan repayment options, consolidation, and basic debt management principles that could make your life after law school easier.
The Law Financial Aid Office conducts Exit Counseling Sessions in March for students graduating in May. January graduates should contact our office for an appointment.
Students should come to the session with the following information:
- Driver’s License (state and number)
- The name, address, and phone number for two references and your next of kin (3 different people)
- The name, address, and phone number for your employer after leaving school (only if available)
2018 Exit Counseling—Group Sessions
Group Exit Counseling sessions will be conducted on the following dates:
- March 14 – 1:00pm to 2:00pm, Redstone Bldg., Room 410
- March 22 – 1:00pm to 2:00pm, Redstone Bldg., Room 410
Exit Counseling—Individual Appointment
Students have the option of making an appointment to speak to a counselor one-on-one to obtain information on their personal loan repayment options.
Note: Students who schedule an appointment should come prepared with their federal loan history—go to the Federal Student Aid Repayment Estimator to estimate your federal student loan payments under each repayment plan and bring a copy to your appointment.
Private loan information must be accessed from each lender.
Students may also complete the Exit Counseling Session online at the federal website.
Students interested in more detailed information and debt management strategies may make an appointment with the Law Financial Aid Office to discuss their student loan borrowing.
- Review your federal student loan borrowing history via the National Student Loan Database System (NSLDS). The database maintains records for all your federal loans, including the outstanding balance and lender contact information.
- The Federal Student Aid Repayment Estimator can be used to estimate your federal student loan payments under each repayment plan.
- The Loan Repayment Worksheet, created by Jeffrey Hanson, PhD, is available to assist you in planning for repayment.