Finding Text
Criteria: 34 CFR 685.304 requires that the University must ensure that entrance counseling is conducted with each Direct Subsidized Loan or Direct Unsubsidized Loan student borrower prior to making the first disbursement of the proceeds of a loan to a student borrower. In addition, the University must ensure that exit counseling is conducted with each Direct Subsidized Loan or Direct Unsubsidized Loan borrower shortly before the student borrower ceases at least half-time study at the school. Condition: Sixteen of the Sixteen federal student financial aid recipients in our sample did not complete the exit interview. Questioned Costs: Not applicable