Bethel University

Once you graduate, drop below half time (less than 6 credits), or otherwise leave Bethel, you’ll need to prepare for repaying your federal loans.

1. Complete exit counseling.

   If you’ve received federal loans, you must complete exit counseling to go over your rights and responsibilities.
   
   Complete exit counseling through the U.S. Department of Education.

2. Consider federal loan consolidation.

   Consolidating federal loans could help you manage your finances with fewer monthly payments and a fixed interest rate. Learn more about the pros and cons of consolidating your federal loans.

For more information about repayment, visit the U.S. Department of Education's Direct Loan Program website:

• Repayment information
• Repayment plans
• Deferment and forbearance
• Cancellation and consolidation