Class of 2021 Student Loan Exit Information 

Loan Exit Presentation

This powerpoint presentation is designed to provide you with repayment information for federal and institutional loans you may have borrowed while at Wesleyan.  Information on debt management, budget management, and default prevention, will also be presented in each powerpoint.  

At this time, your loan exit packet has been sent to you via email.  The packet contains a list of all the loans you have borrowed while at Wesleyan and instructions for completing mandatory Federal Stafford, Perkins and/or Wesleyan Loan exit counseling. 

All exit interview materials must be completed by Friday, May 21, 2021.  Therefore, if the Exit(s) is not completed by the deadline, we will be placing an administrative hold on your transcript, which will be released as soon as we receive notification that the required Exit Counseling(s) has been completed.

Please contact either of the individuals listed below for any questions or concerns OR if you believe you have not received any loans while at Wesleyan OR if you have paid off your loans!

Alyssa Corvi Hrissi Haldezos
Assistant Director Associate Director
Office of Financial Aid Office of Student Accounts
acorvi01@wesleyan.edu hhaldezos@wesleyan.edu

Exit Counseling Information

  • Direct Subsidized/Unsubsidized Federal Loans
    Exit counseling for Direct Subsidized/Unsubsidized Federal Loans is completed at https://studentaid.gov.  This online information session provides you with a clear outline of your rights and responsibilities as a borrower entering repayment. This must be completed, regardless of your plans after graduation. You will need your FSA ID to sign in.
  • Federal Perkins Loans
    Exit counseling for Federal Perkins Loan is completed at www.heartlandecsi.com. This online information session provides you with a clear outline of your rights and responsibilities as a borrower entering repayment. It must be completed, regardless of your plans after graduation. The Perkins exit has multiple steps, concluding with a signed Disclosure Statement (you will either have to sign the Disclosure online or print out and sign a paper copy if your identity can not be authenticated by the HeartlandECSI system). Signed paper copies of the Disclosure must be turned in to the Student Loan Office, Room 110, North College BEFORE you can pick up your diploma.
  • Wesleyan Loans
    If you received the Wesleyan Loan, you will need to meet before graduation with a representative from the Student Loan Office for an in-person (paper) exit interview. Like all exits, this is required even if you are continuing your education. Be on the lookout for an email from the Student Loan Office about setting up a time to meet and be sure to respond promptly.
  • Private/Alternative Educational Loans
    You may have borrowed private educational loans to help fund your family contribution while at Wesleyan. There is no exit interview for most private educational loans. All correspondence regarding these loans is between you, the lender, and possibly a co-borrower.

Additional Resources & Tips

  • National Student Loan Database
    The National Student Loan Database is available at https://www.nslds.ed.gov/nslds_SA/ and allows you to see all of your federal student loan debt, broken down by year and loan type. Any changes to your lender and/or servicer will be tracked on this website and contact information is provided by clicking on each loan. Please note: Many loans have been sold to different servicers over the past couple of years and your original loan holder may no longer service that loan. You would have been notified about this in writing from your servicer; however, you can use nslds.gov for the most up to date information.
  • Federal Direct Consolidation Loans
    You may have the ability to consolidate your federal student loan debt in to this consolidation loan. Please visit http://www.loanconsolidation.ed.gov to read more information about the benefits of a consolidation loan, including various repayment plan options. Please note: As mentioned above, many loans have been sold to various servicers. You may have multiple servicers because loans for each year are treated as separate debts. Consolidation may be a good way to help you secure all your loans with a single servicer.
  • Loan Forgiveness Programs
    You should discuss any and all options regarding loan forgiveness programs with the servicers of your loans. Furthermore, your future employer may offer loan forgiveness options and you should speak with them regarding the processes that are involved. Studentloans.gov provides some good information regarding different forgiveness programs.
Repayment Plans and Calculators