Mapping Your Future: Online Counseling
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Stafford Exit Counseling

East Central University in Ada, OK

Welcome to East Central University’s Stafford loan Exit Counseling!  Exit counseling is required by federal regulation to help you understand your loan rights and responsibilities.  Loan borrowers who have graduated or will graduate, discontinued enrollment, or are enrolled less than half time must complete exit counseling.  Half time enrollment (Fall, Spring, or Summer) is 6 hours for undergraduate students and 4 hours for graduate students. 

 

You will get a confirmation number at the end of the counseling.  Please keep this information for your records.  The ECU Financial Aid Office will receive the confirmation electronically the business day after you complete counseling.

 

If you need to withdraw from all classes before the close of a semester, you must withdraw in writing to the ECU Office of Admissions and Records.  You may contact that office to obtain a withdrawal form.   You must also contact the Financial Aid Office to determine if funds must be returned to the federal aid programs and to complete required loan exit counseling.

 

If you have any questions regarding your rights and responsibilities as a student loan borrower or regarding loan terms and conditions, contact the ECU Financial Aid Office by phone at (580) 559-5243 or by email at financialaid@ecok.edu.

 

The average loan indebtedness of ECU undergraduate student borrowers who graduated in May 2008 was $18,251.  Based on a standard 10-year repayment schedule at the current interest rate of 6.8%, the average monthly payment would be approximately $210.03. 


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.


Stafford 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.

  • 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
    • Name, address, telephone number, and employer for your next of kin
    • Names, addresses, telephone numbers, and employers for two references residing at different addresses

  • You might need the following information:
    • Name, address, telephone number, and employer for your parent, if applicable
    • Name, address, telephone number, and employer for your spouse, if applicable
    • 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.