Annual Student Loan Acknowledgement

 

The Annual Student Loan Acknowledgement is an online session that allows students and parents to see how much they have borrowed, preview what their monthly payments might be, and explain concepts such as capitalization and the difference between federal and private loans. Starting in the 2020-2021 school year, borrowers of Federal Subsidized, Unsubsidized and PLUS loans will be required to complete the Informed Borrowing Confirmation process once each award year before receiving disbursement of their loan.

To complete the annual Student Loan Acknowledgement, log into your MyStudentAid account using your FSA ID and password to complete the Annual Student Loan Acknowledgement requirement. Parent PLUS loan borrowers must also complete this requirement.

How to complete the Annual Student Loan Acknowledgement Most people complete the acknowledgement in less than 10 minutes

  1. Go to: https://studentaid.gov/asla/
  2. Log in with your FSA ID
  3. First-time borrowers will need to provide the school name and degree/academic program
  4. Please make sure you complete all steps and receive a confirmation message
  5. OPTIONAL: There are additional financial literacy and planning resources you may explore

 

Contact Information

Financial Aid Office
Phone: (201) 360-4200 / (201) 360-4214
Text: (201) 744-2767
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