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Cell Phone Email As part of Bergen Community College s Default Prevention Program, all students receiving a Federal Direct Loan are required to provide BCC with four references (at least two family members). These references will only be contacted if the student is in danger of falling into default and attempts by the Financial Aid Office or loan servicer to contact the.

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How to fill out the EXIT INTERVIEW REFERENCE FORM online

Completing the Exit Interview Reference Form online is a vital part of managing your Federal Direct Loan. This guide aims to provide you with clear, detailed instructions on how to effectively fill out each section of the form, making the process straightforward and user-friendly.

Follow the steps to complete the form accurately.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. Begin by entering your name in the designated field. Make sure to use your full legal name as it appears on official documents.
  3. Input your ID number in the provided space. This number typically corresponds to your student identification number.
  4. Fill out your address in the address field. Ensure that this is your current residence information to maintain accurate communication.
  5. Enter your home phone number, followed by your cell phone number. Providing both contact numbers is important for future communication.
  6. Complete the email field with your primary email address. This is the address where you will receive important notifications regarding your loan.
  7. For the references section, fill in the information for at least four references. Ensure that at least two are family members and provide separate addresses and phone numbers for each reference.
  8. Each reference entry should include the name, relationship, address, home phone number, cell phone number, and email address of the individual.
  9. Read the authorization disclosure carefully. It explains that your acceptance of the Federal Direct Loan funds allows Bergen Community College and the loan servicers to contact your references if necessary.
  10. Sign and date the form at the bottom. Your signature confirms your understanding and agreement to the terms outlined in the form.
  11. Finally, review your form for any errors or missing information before saving your changes. You can then download, print, or share the completed form as needed.

Begin filling out your forms online today to ensure a smooth transition as part of Bergen Community College’s Default Prevention Program.

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The references are not used to vouch for the borrower's character. Rather, the references should be people who will always know the borrower's current address, in case mail to the borrower is returned as undeliverable. The first reference on the student's MPN should generally be the student's parent or guardian.

Reference. A person you list on a loan promissory note as someone who knows and can provide information about you. References are not co-borrowers and are not responsible for repaying the loan.

How long will it take? The entire counseling process must be completed in a single session. Most people complete counseling in 20-30 minutes.

An exit interview is a loan counseling session in which you are advised of your loan repayment schedule, obligations, and rights to deferment and/or cancellation. Your school is required by the federal government to conduct this exit interview whenever you are no longer enrolled as at least a half time student.

Once on file, entrance counseling has no expiration date and your MPN is valid for ten years as long as you are borrowing loans. You are not required to complete them annually, though you are able and certainly welcome to do so. Click the following links for more information about entrance counseling and MPN.

An exit interview is a loan counseling session in which you are advised of your loan repayment schedule, obligations, and rights to deferment and/or cancellation. Your school is required by the federal government to conduct this exit interview whenever you are no longer enrolled as at least a half time student.

You are violating a stipulation of taking out a federal loan by not completing your exit counseling, as federal law requires it. You will likely not understand all the terms and conditions of your loan. You will fail to get professional help with budgeting, repayment information, and information on accessing the NSLDS.

To fill out a MPN, you must have two credible references that you have known for at least three years. These references can be contacted by your loan servicer for a variety of reasons, but the most common reason your references will be contacted is if you enter into delinquency and/or default.

Why do I have to enter references? Federal regulations require postsecondary schools to collect reference and next of kin information during entrance and exit counseling so your loan holder will have additional contacts in case they're unable to reach you in the future.

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