The Annual Student Loan Acknowledgment is a tool to help you understand how your loans will affect your financial future.

Completing the Annual Student Loan Acknowledgment will help to:

• Make informed choices by showing students (and parents) how much they owe in Federal debt before agreeing to borrow more money to pay for their higher education.
• Know the borrower’s obligations by calculating the monthly payments and the median salary that students can expect to receive after graduating from a specific program.
• Understand the balance for repayment by breaking down basic loan concepts such as interest accrual and capitalization and the difference between private and Federal loans.

While this is not a requirement, we highly recommend that you complete the online Annual Student Loan Acknowledgement for your benefit.