Responsible Borrowing

If you have borrowed more than $15,500 as a dependent student or $28,000 as an independent student in Federal Direct Loans you will need to complete a Responsible Borrowing Session each year you continue to borrow from the Federal Direct Loan program.

We will notify you through your Hawkeye email and My Hawkeye > Self-Service Menu > Communication > My Documents if you need to complete a Responsible Borrowing Session.

In this session you will complete exercises that will help you keep your student loan borrowing to a minimum, as well as the tools to locate your Loan Servicer information and total loan debt.

To complete your Responsible Borrowing Session you must:

  1. Watch the following two-minute videos:

    1. Repayment: What to Expect: Learn about loan repayment options and selecting a repayment plan, the role of loan servicers, and looking up student loan history in the NSLDS system.

    2. Responsible Borrowing: Learn about responsible borrowing, loan repayment, and carefully weighing the costs of college and potential income after graduation.

  2. Complete the appropriate Responsible Borrowing Worksheet:

  3. Return your completed worksheet along with additional printouts requested during the session to the Financial Aid office.

Financial Aid

Hawkeye Center 118
800-670-4769 ext.4020
319-296-4495 (fax)
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Regular Hours

Mon–Fri 8:00am–4:30pm

You can go to college. We can help you pay for it. Get Started Now. Federal Student Aid.

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