Tuition and Aid

Current Undergraduate Students

Students who have borrowed under the Federal Direct Stafford Loan Program must complete an "Exit Loan Counseling " session during their final semester. Effective July 1, 2008, students who have borrowed under the Federal Grad PLUS Loanmust also complete an "Exit Counseling" session. The U.S. Department of Education wants to insure that students review the terms of their loan and understand their rights and responsibilities under this program as they enter repayment.

Federal Direct Stafford Loan / Grad PLUS Online Exit Counseling

To complete the Federal Loan Exit Counseling you will go to and sign in using your Federal Student Aid ID.

Students may complete an Exit Counseling session for both Federal Direct Stafford and "Grad PLUS" loans and submit completion information directly to the Department of Education.

NSLDS Exit Counseling

The Welcome Page includes options to tour the web site or immediately start the counseling session. The "Progress Box" on the right will track your progress through the site.

The log in page will request your Social Security Number, Name, Date of Birth and Federal Student Aid PIN Number.

NSLDS Exit CounselingNSLDS Exit CounselingUse the drop down menu and choose "Massachusetts" and then "Lasell University."

NSLDS Exit CounselingYou will then need to complete several short quiz pages on major concepts concerning loan repayment. You MUST answer each questions. The correct answers will be displayed after you hit the "submit" button.

NSLDS Exit CounselingKnow Who Will Be Sending You A Bill: The Loan Summary Page will display all your federal Direct Stafford Loans and Grad PLUS loans that have been reported by every post-secodary school you have attended to the NSLDS system. You can get detailed loan information by clicking on the number link.

Please check this information for all your loans. On March 25, 2010, the U.S. House of Representatives and the U.S. Senate passed The Health Care and Education Affordability Reconciliation Act of 2010 ("HCEARA"-H.R. 4872). This bill makes major changes in several federal student aid programs AND mandates that, effective July 1, 2010, all federal student loans (Stafford, PLUS, and Grad PLUS) will be originated through the Federal Direct Loan Program. The Family Federal Education Loan Program, which permitted private lenders to originate these loans, was eliminated effective June 30, 2010. Therefore, many of our students may have loans with different loan servicers.

NSLDS Exit CounselingKnow Your Repayment Options 

What the Repayment Options Page displays:

  • -Sample repayment information for various debt amounts
  • -Monthly and Total Payments under different Repayment Plans. Pay particular attention to information about the Income Based Repayment Plan and Public Service Loan Forgiveness.
  • -Non-Consolidated and Consolidated Loan Payment Plan estimates

NSLDS Exit CounselingCalculate Your Monthly Payments 

The Estimating Payment Page features:

  • -The option to change your loan balance due and recalculate your payments (if you are continuing on to graduate school)
  • -Adjust your projected Federal Adjusted Gross Income ("AGI"), Marital Status, Family Size, Residence and recalculate your projected payments

NSLDS Exit CounselingCalculate a Budget

The Budget Calculator page assists borrowers in:

  • -Developing a budget
  • -Totaling monthly expenses
  • -Comparing expenses to expected salary

NSLDS Exit CounselingYou are almost done!

Reference Page:References will only be contactedIFa borrower moves and fails to update his/ her address with the Department of Education. This information must be completed by the borrower. References have no legal liability for your loan. You will need to provide complete address information for three references (one should be your parents or another relative).

Borrowers will also be asked to provide the following optional information:

  • -Employer
  • -E-mail
  • -Driver’s License Number and Driver’s License State

NSLDS Exit CounselingReview Your Rights and Responsibilities one final time!

NSLDS Exit CounselingCongratulations! If you see this page, you are done! (Note: the following is a page is a test sample and not information on a "real" student)

NSLDS Exit CounselingClick here National Student Loan Data System for Students ("NSLS)

Currently enrolled students should begin the process of reapplying for financial aid after the first of the year. We recommend having the FAFSA completed by April 15th. We will notify after that date if you need to provide any additional information for your financial aid file. Awarding begins after the spring semester grades have posted so that we may determine your class level and if you are meeting Satisfactory Academic Progress as defined by federal regulation and as found in our policies.

Below are links to resources you may find helpful in your application for aid. includes interactive calculators, estimators, discussion groups, scholarship search links, and a listing of financial aid resources. Information available from the College Board on SATs and other standardized tests, college costs, and scholarship information. provides free scholarship search with more than 400,000 scholarship sources. provides information on the college application process and financial aid from the Massachusetts Higher Education Information Center. provides links to information on federal financial aid programs from the Department of Education. link to the online version of the Free Application for Federal Student Aid. provides real time information regarding loan borrowing history, where and how much a student has borrowed, and through what programs to assist students with debt management. link to the Massachusetts Department of Education
Creat a Federal Student Aid ID- your FSA ID is used for both the FAFSA and Federal Student Loan Applications

The FAFSA simplified:

7 Steps to completing the FAFSA:

IRS Data Retrieval tutorial: Need help understanding how to use the data retrieval process in the FAFSA? Watch this quick video to get pointers!