Loan Counseling

Entrance Counseling

The Entrance Counseling Session is compulsory for all new Wits FSA borrowers.  This is an online session and takes approximately 30 minutes to complete.  It is important that the borrower is well aware of what it means to obtain Financial Aid and how this decision will affect their lives and future.Wits University cannot process your first disbursement without a report confirming the completion of the Entrance Counseling session. Parents applying for a Parent Plus Loan are not required to complete the session.

Exit Counseling

The Exit Counseling Session is compulsory on the completion or deregistration of studies from the University.  The session assists the borrower to understand what is expected of them with regards to their Direct Loan.  The borrower is counseled and guided on how the debt can be managed and what options are available if there are difficulties in repaying the debt.