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Exit Counseling for Federal Loans

If you borrowed a Stafford or Perkins Loan, then you are federally required to complete loan exit counseling when you leave school. This includes graduation, withdrawal, deferral, or a drop to below 6 credit hours. Please note that you must complete exit counseling even if you intend to return to Gordon, or if you will be attending another school. Federal loan exit counseling can be completed online, and is designed to ensure that you understand the terms of the loan you borrowed, your obligation to repay and your options regarding repayment.

Stafford Loan Exit Counseling

Online: Complete Federal Stafford Loan Exit Counseling Online
You will need your FSA ID to access exit counseling.
Exit Counseling will take about 30 minutes to complete.

Please note you MUST complete the entire session. You cannot save your session and return to it later.

Paper: Exit Counseling Guide for Federal Student Loan Borrowers PDF

Once you have read the above PDF guide, print out and complete the Borrower’s Rights & Responsibilities (page 19) and Student Account Information (pages 21-22) and mail them to the following address:

Gordon College
Student Financial Services
ATTN: Loan Officer
255 Grapevine Rd.
Wenham, MA 01984

Perkins Loan Exit Counseling

Complete Federal Perkins Loan Exit Counseling

If you borrowed a Perkins loan, you will receive an email from ECSI, the company that services your loan, with login information. If you don't receive this email, you can call ECSI at 888.549.3274.