Entrance and Exit Counseling

Entrance Counseling

Policy Statement: All entrance counseling, once conducted one-on-one with each student receiving a Federal Direct Student Loan is now done electronically at

The entrance counseling is one of the most important parts of the packaging process and encompasses the following points of interest:
  • A thorough explanation of each loan program for which the student has applied
  • Interest rates
  • Loan fees
  • Repayment schedule/options
  • Obligations of a borrower
  • Loan deferments and forbearance
  • Loan default and consequences
The statement below is part of the award letter:


If you accept the Federal Direct Student Loan, you must sign a Master Promissory Note (MPN). The MPN is completed online. You will need your Pin # that you used to complete the Free Application for Federal Student Aid (FAFSA) in order to electronically sign the MPN.

Please go to to complete this process under the heading Manage My Direct Loan to not only complete the Master Promissory Note, but to sign the MPN and complete the entrance counseling.

The Education Finance Specialist is available to answer any questions students may have about the process.

Exit Counseling

Federal law requires students who borrow from the Federal Family Education Loan (FFEL) Program while at BHSN undergo exit counseling when they graduate, withdraw or drop below half-time enrollment. As of March 23, 2013, borrowers complete Exit Counseling via the web site. Borrowers who fail to complete the exit counseling will receive a hold on their BHSN records. The hold will prevent students from receiving their official transcript or having an official transcript sent to another school.