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Nursing Faculty Loan ServicesExit Interviews Students are required to complete an exit interview with Loan Services before leaving the University. During the exit interview, the student will be provided with a truth in lending statement, a statement of rights and responsibilities, loan repayment information and information about the cancellation provision for teaching. Each student will be contacted to arrange for an interview before the end of the graduating semester. If a student’s enrollment drops below full time or the student drops out of the program, the student must contact Loan Services as soon as possible. All students that have borrowed under the Nursing Faculty Loan Program must complete an Exit Interview before leaving the University. This applies to all graduating seniors, students that drop below full-time and students that withdraw during a semester. The Exit Interview process will provide you with valuable information that will help you repay your loan. The interview begins with a Biographical Information Form. This information is required and must be completed. All information gathered here is strictly confidential and is not shared with the University community. During the online Exit Interview process, you will be guided through a brief description of the provisions in the Nursing Faculty Loan Program as they apply to you. Please refer to the promissory note(s) given to you by the College of Nursing for a more detailed description. The last step in the Exit Interview process is a truth-in-lending statement called a Credit Cost Disclosure. This disclosure will tell you how much you have borrowed, how much your loan will cost in interest and when your first payment is due. Both of these forms must be completed, signed and returned to our office. You are urged to keep copies for your own files.
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