Financial Aid

Annual Student Loan Acknowledgment

UPDATE: Due to the national coronavirus emergency, implementation of this new requirement has been delayed until fall 2022. Loan borrowers may complete the process in 2021-22, but it does not become manditory for loan receipt until fall 2022.

Beginning in fall 2022, all borrowers -- students who borrow Federal Direct Subsidized, Unsubsidized, or Grad PLUS and parents who borrow Federal Parent PLUS Loans -- wil need to complete the Annual Student Loan Acknowledgment in order for your loan to post to the university bill.

This requirement is new for all loan borrowers for loans disbursed beginning with fall 2022. Your student or parent loan will not post to your bill until you complete this process.

It will be an annual requirement for you to complete each year.

Completing the Annual Acknowledgment

Starting fall 2022, all federal student loan borrowers must complete the required loan acknowledgment annually. The requirement is for students borrowing Federal Direct Subsidized, Unsubsidized, or Graduate PLUS Loans and for parents borrowing Federal Direct Parent PLUS Loans. Most people complete the acknowledgment in less than 10 minutes.

If you are a first-time borrower accepting a federal loan, you are acknowledging that you understand your responsibility to repay your loan.

If you are an existing federal loan borrower, you are acknowledging that you understand how much you owe and how much more you can borrow.

To complete the process, you will need the following:

  • Verified FSA ID (used to complete your FAFSA)
  • School Name*
  • Degree Name*
  • Field of Academic Program*

          * first-time borrowers only

Because your Federal Direct Loan is held by the federal government, you will need to go to the U.S. Department of Education website to complete the Annual Loan Acknowledgment using the link below and signing in with your FSA ID.

Loan Resources

There are many additional loan resources that are available in understanding your loan, its terms and conditions, and payback responsibilities. It is important, as a loan borrower, to read the information on the Student Financial Aid website.

Additionally, is a main portal to information specific to your federal loan. Take the time to read information now and as a refresher throughout college career.

Federal loans now require an Annual Student Loan Acknowledgment to be completed before the loan can post to your bill. Failure to complete this requirement at least 15 days before the start of a term can delay your loan posting and the processing of any refund.

While loan borrowers only complete a Master Promissory Note (MPN) and loan entrance counseling generally once, this acknowledgment is required to be completed every academic year just like your FAFSA.