Before you leave MIT, you must complete loan exit counseling that will give you repayment options and information.

MIT Loan Exit Counseling

Online Counseling

You have the option to complete your loan exit counseling online if you are graduating in June, September, or February and have one or more of the following loans:

  • Federal Perkins Loan
  • Federal Direct Stafford Loan
  • Federal Direct Graduate PLUS Loan

Please note: If you leave MIT at any time other than the regular graduation dates, you are still responsible for completing the loan exit interview online.

If you have an MIT Technology Loan, contact your MIT Loan Counselor for an appointment.

Group Counseling

There are several times a year when we also offer group exit counseling sessions.

This year we are offering various counseling sessions on:

  • Friday, May 19
  • Tuesday, May 23
  • Thurday, May 25

Please sign up here.

At the session, you will learn about your rights and responsibilities as a borrower. You will understand when your repayments begin, the minimum monthly payments that are required, and what repayments options are available. You will also learn about grace periods and options for deferment, forbearance, and possible forgiveness or cancellation of your loan.