Federal regulations require that institutions offer exit counseling to federal
student loan borrowers who are graduating, withdrawing from the university, or
dropping below half-time enrollment. Exit counseling covers:
During exit counseling, borrowers are also required to provide updated personal
information, such as address, telephone number, and employment.
Schools must keep documentation that shows that the borrower received the
required exit counseling, either electronically, in person or by mail.
If a borrower withdraws from school without the school's knowledge, or if a
borrower fails to attend a scheduled exit counseling session, the school must
mail written exit counseling materials to the borrower at his or her last known
To complete exit counseling/exit interview for a Federal Perkins loan, please
visit https://borrower.ecsi.net/ .
NOTE: There will be a hold on all educational records (i.e. diploma, transcript,
etc) until the exit interview is completed.