Admissions & Aid

Loan Counseling

 

Entrance Counseling

All student loans are processed through the Department of Education's Direct Loan program. Borrowers must complete a Direct Loan Master Promissory Note (MPN) and Entrance Counseling for each year you are approved for a loan at Santa Monica College.The goal of Entrance Counseling is to help you understand what it means to take out a federal student loan. For detailed information regarding Entrance Counseling, please visit the Department of Education's Student Loans website.

What is entrance counseling?

During entrance counseling, you will learn about the following:

  • What a Direct Loan  is and how the loan process works
  • Managing your education expenses
  • Other financial resources to consider to help pay for your education
  • Your rights and responsibilities as a borrower

Exit Counseling

Federal regulations require students who have borrowed a Federal Stafford Loan and are graduating, leaving school, or dropping below half-time to complete an exit counseling session.For more detailed information regarding Exit Counseling please visit Student Loans website. For detailed information regarding Exit Counseling, please visit the Department of Education's Student Loans website.