Loan exit counseling

Exit counseling will help you understand what you owe, your loan repayment rights and responsibilities, and your repayment options.

You are required to complete counseling if you have an MIT Technology Loan, Federal Perkins Loan, or Federal Direct Subsidized/Unsubsidized/Grad PLUS Loan and you do any of the following:

  • Graduate
  • Fall below half-time enrollment status
  • Take a Leave of Absence
  • Withdraw from the Institute

How to complete the counseling requirement

  1. Attend an exit counseling session with SFS. Please contact us at getaloan@mit.edu for more information.
  2. Complete online exit counseling from each of your loan servicers. If you have loans from multiple programs, you will need to complete exit counseling from each of your loan servicers.
    1. If you have a Direct Subsidized, Direct Unsubsidized, or Grad PLUS Loan, complete the exit counseling online at studentaid.gov/exit-counseling.
    2. If you have a Perkins Loan or MIT Technology Loan, complete the exit counseling online at https://heartland.ecsi.net/index.main.html#/access/signIn.

If you have questions about loan repayment or exit counseling, please contact us at getaloan@mit.edu.