Congratulations! We were notified by Records and Registration that you are on track to graduate from Louisburg College at the end of the Spring 23 semester. Our records indicate that you received an education loan(s) during your enrollment here at Louisburg through one or more of the following Federal Family Education Loan Programs: 1) Federal Subsidized or Unsubsidized Stafford Loan or 2) Federal Subsidized or Unsubsidized Direct Loan or you have previously borrowed from another institution.

Federal regulations require all schools to make exit counseling available to their student loan borrowers if they graduate, withdraw, or drop below half-time attendance. The exit counseling session will provide helpful information about managing your student loans after college. We did not have an opportunity to meet in person; therefore, we are requesting that you complete the exit counseling session online, within the next 30 days, by following a few simple steps.

1)​ Please visit https://www.studentloans.gov to complete the exit loan counseling requirement. Select exit counseling and follow the instructions.
*If you plan to re-enroll, you still must complete the exit counseling session. Upon completion of the exit counseling session, Louisburg College will receive an electronic notification.

*Upon graduation, you will have a six-month grace period before repayment of your student loan(s) will begin. During your grace period, your loan servicer will send correspondence to you to prepare you for payment.*
*Please note that if you decide to re-enroll at another institution and your enrollment status is six credit hours or more, your loan(s) will continue to be deferred under the In-School deferment loan regulation.

2)​ Review the Exit Counseling Student Loan Guide for Loan Borrowers https://studentaid.gov/sites/default/files/exit-counseling.pdf
*Your loan servicer can assist you with information on estimating your monthly payment, managing your loan account, and loan consolidation. If you have not already done so, you can create a login to pay your loans or update information on your account. Communication with your loan servicer is essential during your repayment period. If you experience financial difficulty and cannot make monthly payments, there are programs to assist borrowers but you must initiate contact with your servicer to receive the assistance.

If you have questions after completing the online exit counseling, you may contact Erin Bell at 919-497-3228 or ebell@louisburg.edu.