Re: Transferring from a CC, but taking loans at the University?

Paying for College
1

<p>This is my situation:</p>

<p>I am transferring to an in-state university from a local CC. I took out Stafford/Direct loans at the CC, and will only be taking 1 class there this upcoming semester and 1 class during the spring. I am not receiving aid from the CC this year, because I know that you can't receive aid from two schools simultaneously, and will be paying for these two classes out of my own pocket.</p>

<p>I've accepted Stafford/Direct loans at the University and will be taking a full-load there. </p>

<p>I'm trying to figure out whether I need to:</p>

<p>A. Do exit counseling for the CC now, since I'll be enrolled in less than six credits there.
B. Wait until I finish those two planned classes (I'll be graduating from there anyway in the Spring.) and am no longer attending classes there, then do the exit counseling.</p>

<p>Thanks
Thanks</p>

2

<p>You don’t have to do the exit counseling, since you will not be going into repayment as long as you take at least a half-time course load at the university before the grace period is up. The CC will bug you about it, but there are no repercussions for not doing it … and you can just tell them that you are in school elsewhere.</p>