Annual Student Loan Acknowledgement
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.
Completing the Annual Student Loan Acknowledgement
To complete the Annual Student Loan Acknowledgement, go to Federal Student Aid: Annual Student Loan Acknowledgement and click the “Log In to Start” button. You will need your FSA ID to login.
Completed Annual Student Loan Acknowledgement data is submitted to the Department of Education for processing. This information will then be sent to Hawkeye when the college originates new loans for the student starting in July.