Welcome to Phillips Graduate Institute.  To be in compliance with Federal regulations all students entering Phillips planning to pay for their education through the Federal Stafford Loan Program and the Grad Plus loan program must complete Entrance Loan Counseling.  The purpose of the entrance interview is to provide the student with important information regarding their rights and responsibilities as a borrower.  This requirement also applies to students who have previously borrowed at another postsecondary school.  Loan funds can not be released until this requirement is met.

The Entrance Loan counseling may be completed online by clicking Entrance Counseling. You will need to create an account, before you can review the study guide. 

After completing the study guide, you advance to an exam for which you must answer each question correctly. The entire process should take approximately 25 minutes.

Once you have successfully completed the counseling session please print a confirmation for your records.  All exam results will be sent to the Office of Financial Aid electronically.

Students applying for the Grad Plus or Alternative Loans should know that lenders will check your credit worthiness each time you apply for a loan.  We suggest that you obtain a curent copy of your credit report and review it for the following:

        Incorrect credit information
        Delinquent payments
        Accounts sent to collections
        Bankruptcy
        Liens or Judgements
        Repossessions

Below are web sites that you may find helpful in collecting your most current credit history information.  

Free Annual Credit Report
www.annualcreditreport.com

The 360 Degrees of Financial Literacy Web site offers general information for managing personal finances and does not recommend specific financial actions. For financial advice tailored to your situation, please contact an expert such as a CPA or a personal financial advisor.

Financial Literacy
www.360financialliteracy.org