Financial Awareness Counseling is a tool that can help you understand your loans, manage your spending, develop a plan to repay, avoid default, and make finances a priority. This step-by-step guide will allow you to "put all the pieces together" by allowing you to access your actual loan debt (or use estimates), consider your expenses, and formulate a plan for repayment according to your expected income. Resources for temporarily postponing your payments after graduation, ways to have your loans forgiven, and tips for avoiding delinquency and default are also provided along with other useful information for student borrowers.
*Use of Financial Awareness Counseling does not satisfy your Direct Loan Entrance Counseling requirement and does not schedule your loan repayment with lenders.*