Entrance Counseling
UTI requires Federal Direct Student Loan borrowers to complete loan entrance counseling prior to a first disbursement of loan funds. Entrance Federal student loan counseling must be completed online at https://studentaid.gov/entrance-counseling . Members of the campus financial aid staff are available to answer any questions. Entrance counseling generally includes the following:
- explanation of the use of a master promissory note (MPN)
- importance of repayment obligation
- description of consequences of default
- sample repayment schedules
- information in reference to a borrower’s rights and responsibilities
- other terms and conditions
Exit Counseling
UTI ensures loan exit counseling is conducted prior to graduation and/or via mail within 30 days of withdrawal from enrollment. Graduating students must complete their required exit counseling online at https://studentaid.gov/exit-counseling . Withdrawn students will receive a Federal Exit Counseling Guide through regular mail and be encouraged to complete the online counseling. Exit counseling generally includes the following:
- importance of repayment obligation
- description of consequences of default
- sample repayment schedules
- information in reference to a borrower’s rights and responsibilities
- payment deferment and forbearance options
- other terms and conditions