Federal Direct Loan Entrance Counseling

Federal Student Loan borrowers who are new Heritage Christian University students or first-time federal student loan borrowers are required to complete the Entrance Counseling session.  The goal of the Entrance Counseling is to help student borrowers understand what it means to take out a federal student loan. The counseling session provides basic facts about the Federal Direct Loan program and it also explains the Rights and Responsibilities of federal student loan borrowers and provides information about how to manage federal student loans, both during and after college.

Important note regarding Entrance Counseling – Entrance Counseling is a federal requirement for all Direct Loan recipients. The funds for your loan will not be disbursed until you have completed the Entrance Counseling.

Federal Direct Loan Exit Counseling

Federal Student Loan borrowers who are planning to withdraw from HCU (regardless if plans are made to transfer to another school), graduate, or drop below half-time enrollment, are required to complete the Exit Counseling session. The counseling session provides information about how to manage federal student loans after college.

Important note regarding Exit Counseling – A HOLD is attached to the records of students who are required to complete the Exit Counseling and will remain until the Exit Counseling is complete. As “holds” attached to student records will prevent school registration and access to official transcripts, students who are instructed to complete the Exit Counseling session are encouraged to respond in a timely manner.

Financial Literacy Counseling

The idea of financial literacy is having the ability to make informed judgments about effective decisions in relation to managing money. It is a known fact that establishing good, basic money management habits early in life is the key to making the most of your money. The information provided throughout this session will guide you on the path to financial success.

Grace Period and Repayment Counseling

This counseling session provides information about how to manage your student loans after college, whether your loans are in the grace period (payment will start soon) or already in repayment. The information can also be especially beneficial if you are having difficulty repaying your student loans.

Loan Management Counseling

This counseling session was developed to provide loan management, financial literacy, and career planning information to assist student loan borrowers who are preparing for graduation.

Private Loan Counseling

This session provides general information about how to manage your private student loan, both during and after college.