Saint Louis University

Saint Louis University Loan Exit Information

All students who have borrowed a Federal Perkins Loan must complete an online loan exit.

How to get started...
Go to the following website:

You will be required to print your repayment schedules and complete the following session steps (approximately 15 minutes to complete):

  1. The Exit Interview Questionnaire
  2. Student Loan Rights & Responsibilities
  3. Review the Truth-in-Lending and Repayment Schedule
  4. Complete a brief quiz
  5. Read the counseling summary and links to other helpful websites

Have the following information available...

  1. Social Security Number
  2. Driver's License Number
  3. Name, Address, Telephone Number of 3 References
  4. Name, Address, Telephone Number of Expected Employers.

There is a session bar at the top of your screen to let you know how far you have gone in the exit process. If you have to leave the exit session early, you will resume where you stopped. Once the exit interview session is complete, you will receive an e-mail containing repayment terms, rights and responsibilities, deferment benefits, cancellation benefits, repayment schedule, truth-in-lending statement and a budget worksheet.

Note: Incomplete sessions within 7 days will generate an electronic reminder.

Deferment Options...

Student Deferment:

  • Eligible if you are enrolled at least half-time
  • Certification from the Registrar's office of the institution you are attending is required for each term.
  • Allows payment of bills to be deferred.
  • Form can be downloaded at


This is a five year process, requiring a form at the beginning and the end of each service year. Loans are cancelled at the rate of 15% of the principal for years 1 & 2' 20% for years 3 & 4; and the final 30% in year 5 for the following areas recognized by the Federal Government:

  • Teacher, in low-income
  • Teacher, in Head Start school or of handicapped children
  • Law Enforcement
  • Early Intervention or Employee of child or family service agency, must work with children
  • 70% cancellation available for Peace Corps/Vista, must be full-time volunteer
  • Nurses or medical technicians (OT, PT, PA, Dental Hygiene, Nutrition)
  • Firefighters
  • Public Defenders
  • Faculty members at Tribal Colleges and Universities
  • Certain Librarians and Speech Language Pathologists working in low-income schools
  • Staff at state licensed or state regulated pre-kindergarten or child care programs
  • Military personnel working in an area of hostility qualify for increased percentage cancellation leading to 100% cancellation.

For Nursing Loans: The Nursing Education Loan Repayment Program (NELRP) assists in the recruitment and retention of professional nurses in underserved areas. For more details, click here or call (877) 464-4772.

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