If you borrowed for your education any time as an MIT student, you’re required to have a loan exit interview before you leave MIT for any reason (leave of absence, voluntary withdrawal, medical withdrawal, required withdrawal, graduation, or enrolling less than half-time).
Your loan exit interview is your chance to learn about your rights – including grace periods, repayment options, deferments, and forbearances – and your responsibilities, including when repayment begins and your minimum monthly payments. It’s also a great opportunity to get general information you’ll need to manage your student loan debt successfully.
If you plan to return to MIT after a leave or withdrawal, you will have a registration hold if you don’t complete your exit loan interview before leaving or withdrawing.
We provide two options for an loan exit interview – group sessions and one-on-one interviews with a loan counselor.
At your loan exit interview, you will…
After you attend your loan exit interview, you should read the SFS loan exit counseling guide and keep a copy for future reference.
Loan entrance counseling
Online counseling via WebSIS is required for all first-time borrowers of Federal Direct Loans, Federal Perkins Loans and MIT Technology Loan.
Campus Partners
Campus Partners handles billing and payment for Federal Perkins Loans and MIT Technology Loans.
Direct Loan Servicing Ctr.
The DLSC handles billing and payment for Federal Direct Loans and Graduate PLUS Loans.
Loan payment calculator
Estimate your loan payments.
Loan exit counseling
If you borrowed Federal Direct Stafford Loans and/or Perkins loans, you are required by federal law and MIT policy to make an appointment for an exit interview with your loan counselor before graduation. Click here for contact information. Required reading: the SFS loan exit counseling guide.