Stafford and Grad PLUS Exit Counseling
Washington State University in Pullman, WA
Welcome to the Washington State University Stafford and Graduate PLUS exit counseling session. Federal regulations require that all Stafford and Graduate PLUS Loan borrowers complete an exit counseling session upon graduating, withdrawing, or dropping below half time enrollment. This exit counseling must be completed even if you plan to transfer to another school or reenroll at Washington State University in the near future. This site provides a way of meeting that requirement. Please carefully read all of the information; you will answer questions along the way. Once you’ve completed all of the information requested at the end, an email will be sent to the Office of Financial Aid and Scholarships so that we can mark this requirement as satisfied.
Most Washington State University students borrow through the federal Stafford Loan program. Few Washington State University graduate students also borrow through the Graduate PLUS Loan program. Because the Graduate PLUS Loan program began very recently, in the summer of 2006, average indebtedness statistics are not yet available. Below, however, are the average Stafford Loan indebtedness statistics for students graduating in May 2008, and sample monthly repayment terms based on a ten year repayment plan.
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Average Indebtedness
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Monthly Loan
Payment
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Total Paid
(Loan + Interest)
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Undergraduates
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$21,102
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$243
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$29,141
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Graduates
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$47,072
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$542
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$65,005
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At Washington State University, during the academic year, half time enrollment is defined as five credits for graduate students. During the summer session, it is defined as three credits.
If you are withdrawing from Washington State University, even if it is just for a semester, it is very important that you go through the proper steps. You’ll need to follow the directions and withdraw at www.cancel.wsu.edu. If you have questions, you should contact the Office of the Registrar at (509) 335-5346.
If you have any questions about your rights and responsibilities regarding Stafford or Graduate PLUS Loans received while attending WSU, please contact the Office of Financial Aid and Scholarships at (509) 335-9711 to speak with a financial aid counselor or email us at finaid@wsu.edu.
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MYF Disclaimer:
The information above is wholly the product of the school represented herein.
Mapping Your Future, and its individual sponsoring members, do not guarantee
or warrant the correctness, completeness, accuracy, or any other characteristic
of this content and shall not be liable for any loss, damage, or cause of
action arising out of the content.
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Stafford & Grad PLUS Exit Counseling Session Instructions
Before You Start
- Ensure you meet the browser and system requirements:
- You must use at least Internet Explorer 6.0 or Mozilla Firefox 1.0. Get a browser now.
- You can use any Internet service provider (ISP) to connect to the Internet; however, you should access this counseling session using one of the browsers above after you've connected. Do NOT use the ISP's browser, such as AOL or MSN--you won't be able to complete the student form at the end of the session!
- You must enable JavaScript in your browser.
- You will need about 30 minutes to complete this counseling session.
- You will need the following information:
- Your Social Security number
- Your driver's license number
- Name, address, telephone number, and employer for your next of kin
- Names, addresses, telephone numbers, and employers for two references residing at different addresses
- Name, address, and telephone number for your expected employer, if known
- You might need the following information:
- Name, address, telephone number, and employer for your spouse, if applicable
- Name, address, telephone number, and employer for your parent
- NOTE: Providing names and information for your spouse, parent, next of kin, and references does not obligate them to assist with repayment of your loan. Regulations require you provide this data so your loan holder can locate you, if, in the future, they have an invalid address or phone number.
- The student loan calculator in this session will help you calculate your estimated monthly payment. If you aren't sure how much you'll borrow, you can ask your school for the average student loan indebtedness of borrowers at the school or in your program of study at the school.
What to Do
- Read the content and answer the questions.
- Fill out the student information form. Use the comment box for any comments or questions you have for your school.
- Print the confirmation page that appears after you fill out the student information form or note your confirmation number for your records.
NOTE: Generally, the Back and Forward buttons on your browser will not work once you begin the counseling session. Use the buttons within the counseling to navigate.
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