Student Loan Exit Counseling and Repayment
Office of Financial Aid
Navigate your student loan repayment
Find out all about how to navigate the exit counseling and loan repayment process. We’re here to guide you through the next steps and provide you with useful tools and resources.
Student loan exit counseling is required of all students who borrow federal loans and meet one of these criteria:
- You’re no longer enrolled, graduating, or dropping below half-time enrollment status
- You’ve received a TEACH Grant and are no longer enrolled
Determine your enrollment status
| Program types | Enrollment status | Credit requirement |
|---|---|---|
| Undergraduate, post-baccalaureate, online bachelor’s, teaching licensure | Half-time | At least 6 credits per semester |
| Full-time | At least 12 credits per semester | |
| Full-time (for state grants) | At least 15 credits per semester for full reward | |
| Master’s, doctorate, graduate certificates | Half-time | At least 4 credits per semester |
| Full-time | At least 8 credits per semester |
Complete the student loan exit counseling process
Use the buttons above to navigate to the right website and start your exit counseling. On average, the process takes around 20 to 30 minutes. If you’re looking for additional information, the US Department of Education has created a comprehensive guide for all student borrowers.
Download the Exit Counseling Guide
Once you’ve completed the exit counseling process, the information will be electronically sent to Hamline's Office of Financial Aid. If you have any questions about this process or your financial aid, please contact us at 651-523-3000 or finaid@hamline.edu.
Tools for a successful student loan repayment
Your loan provider(s) will contact you regarding repayment. Hamline has compiled a list of excellent resources designed to help you manage and successfully repay your student loans.
Loan simulator and repayment plans
The US Department of Education offers information and calculators about the different loan repayment options available to you.
Loan consolidation
This site offers guidance and advice on consolidation options, as well as instructions on how to complete the process.
