Interview Quiz

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Entrance Interview Quiz

The federal government requires that all borrowers participate in entrance loan counseling before receiving Stafford Loan funds. We have created this quick and easy Entrance Counseling Quiz to help you fulfill this entrance requirement. This is a one time only requirement.

Please note that your 1^st Stafford Loan Disbursement will not be available to you until you have completed an approved entrance counseling session. You must satisfy the school's requirements for entrance counseling.

By the time you finish the session, you should have a very good understanding of all your student loan requirements.

Before submitting the information below, please read the following:

STATEMENT OF BORROWER'S RIGHTS AND RESPONSIBILITIES

Entrance Counseling Quiz

The following quiz will test your knowledge about student loans and your responsibilities as a student loan borrower.

When you have completed the questionnaire, you may start the quiz over by selecting "restart", or you may submit your answers by using the "submit" button below. Print, sign and fax, mail or bring in your completed quiz to the Financial Aid Office. Good Luck!

Quiz

Question	True	False
1. I must repay my education loans even if I am unsatisfied with the quality of my education or I do not graduate.
2. There is a penalty for prepaying my education loans.
3. The length of my grace period, if I qualify for one, is 6 months.
4. I have a choice of repayment schedules for my loan, but I must chose before repayment begins.
5. If I don't receive a payment coupon booklet or bill in the mail, I don't need to worry about paying back my student loans.
6. I must qualify and initiate the request for a deferment during repayment
7. If I change my address, name or enrollment status, I don't have to notify anyone but my family.
8. The Federal Department of Education’s Ombudsman works with loan borrowers to resolve disputes on my behalf.
9. If I fail to make a payment after 270 days, I will go into a default status and the consequences will be severe.
10. If I fail to repay my student loan, my federal and state income tax refunds may be withheld, my wages garnished and my professional licenses revoked.

By checking this box, I acknowledge that I have read all the information contained in the Student Loan Entrance Interview and understand the meaning and intent. I also certify that the personal information is accurate and that I am the individual provided in the information to follow.