August 10, 2017

Graduation and Loan Repayment

Repayment and exit counseling are only required for students who used federal loans to pay for their tuition.

After graduating or dropping to less than half-time enrollment (6 credits for undergraduate students and 4.5 credits for graduate students) students must begin paying back the loans that they have borrowed. There is typically a 6-month grace period for federal loans, but students should check with all of their lenders to see when their repayments must begin.

In addition to paying back your loans, students must also complete “exit counseling” through the U. S. Department of Education and submit their completion back to Mason to ensure that you understand the process of paying back your loans. Students can complete their exit counseling here.

Kelsi Gray. Photo by Evan Cantwell/Creative Services/George Mason University