Want to know more about the Council? Contact Maria Luna-Torres at (800) 252-9743, ext. 4632, or send an email at maria.luna-torres@tgslc.org.
In collaboration with the Council for Student Financial Success in Higher Education (Council), TG has developed student loan counseling resources for financial aid administrators, and other professionals involved in counseling students about their student loan debt.
Federal regulations require that schools conduct entrance and exit counseling for student borrowers. While counseling may be provided electronically, in-person counseling can prove to be more effective in helping students retain information. The following entrance and exit counseling materials were developed to assist financial aid administrators in conducting in-person counseling sessions. If you would like to learn more about how you can take advantage of these resources, you may request a train-the-trainer session by completing the Student Loan Counseling Request Form.
A Good Start: Entrance Counseling For Student Borrowers
This entrance counseling session is designed for first-time student borrowers. Borrowing is a serious matter, and this session discusses subjects students should understand as they take this step. Among other fundamentals, the session covers the master promissory note, types of loans, interest capitalization, basic information about loan repayment, and other key elements students should understand when making the decision to borrow to finance a higher education.
Before You Leave: Exit Counseling for Student Borrowers
This exit counseling session is designed for student borrowers of either (or both) the Federal Direct Loan Program (FDLP) or the Federal Family Education Loan Program(FFELP) who are soon to enter repayment. Borrowing is a serious matter, and this session specifically discusses repayment plan options, loan forgiveness and other consolidation policies, interest capitalization, and other key elements borrowers should understand as they leave college and enter repayment.
To ensure that student borrowers are continuously educated about their loan rights and responsibilities, TG and the Council developed additional resources. The additional modules are designed to reinforce concepts that were introduced at entrance counseling. Although not federally mandated, the modules are intended to serve as a refresher course for students who have previously attended entrance counseling. They include key concepts for student borrowers who are in their second year, third year or further into their program of study. The two modules include:
Know What You Owe: Tracking Your Student Loans
This training module emphasizes the importance of tracking student loans to achieve successful loan repayment.
Plan for Success: Preparing to Fulfill Your Student Loan Commitment
This training module provides a review of available repayment options and loan responsibilities for student loan borrowers.