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 > Financial Aid > Financial Aid Services 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, selecting a repayment plan, and the role of loan servicers.

    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 Borrowing Worksheet:

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

Contact Information

Financial Aid

Hawkeye Center 118
800-670-4769 ext.4020
319-209-9239 (text only)
319-296-4495 (fax)
Email Financial Aid

Regular Hours — Fall 2022

Mon–Friday 8:00am–4:30pm

Schedule an appointment

Federal Student Aid. An office of the U.S. department of education. Proud Sponsor or the American mind.

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