Mapping Your Future: Online Counseling
Step 2 Contact Us

Direct Loan Entrance Counseling

Centenary College in Hackettstown, NJ


The federal government requires that all students complete a Loan Counseling Entrance Interview before loans are disbursed to the student's tuition account.  Participating in the Loan Counseling Entrance Interview helps you to understand your rights and responsibilities as a borrower of a federal loan.

Centenary College uses Mapping Your Future to help you participate in this process.  Once you complete your online interview Centenary College will be notified electronically.

For questions regarding your rights and responsibilities, please contact Jessica Parciak at 908-852-1400 ext 2208.  parciakj@centenarycollege.edu

Half-time enrollment:  Centenary College Considers half-time enrollment to be 6 credits per semester (Fall and Spring).  Students taking summer courses must take at least 6 credits to be considered half-time. 

Withdrawal from Centenary College:  It is important that you notify the college if you wish to withdraw.  To begin the withdrawal process, please contact Elb Young at 908-852-1400 ext 4291.  younge02@centenarycollege.edu.

Sample monthly repayment amounts: Since loans must be repaid, it is important to consider the amount of monthly payments that your total borrowing will require.  Some students graduate with no debt, others will borrow heavily.  Using $17,125 as an average, a Stafford loan borrower at 6.8% interest over 10 years would pay $197.08 per month, total payments will be $23,649.60.  The total interest will be $6,524.60.
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.


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.

  • PARENTS: Please don't complete the counseling session on behalf of your son or daughter, as this federal requirement helps the student understand the rights and responsibilities of borrowing a student loan.

  • You will need about 25 minutes to complete this counseling session.

  • You will need the following information:
    • Your Social Security number
    • Your driver's license number

  • You might need the following information:
    • Name, address, telephone number, and employer for your spouse, if applicable
    • Names, addresses, telephone numbers, and employers for your next of kin and/or parent
    • Names, addresses, telephone numbers, and employers for two references residing at different addresses
    • 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.

NOTICE: The information you provide for loan counseling may be disclosed to third parties, such as your lender, lender servicer, school servicer, subsequent loan holder, or guarantor, as authorized under routine uses in the appropriate system of records and as may be authorized or required by federal regulations.