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Office of Financial Aid | 5000 Abbey Way SE | Lacey, WA 98503 C: 360.688.2150 | T: 360.995.1008 | E: finaid@stmartin.edu https://www.stmartin.edu/admissionsfinancialaidDoe Student Last NameJohn First
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Who needs annual student loan acknowledgement?

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Students who have received federal student loans are required to fill out annual student loan acknowledgement.
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Annual student loan acknowledgement is a process through which borrowers confirm their understanding of their federal student loan obligations, including their repayment terms and the amount owed.
Borrowers of federal student loans are required to file an annual student loan acknowledgement.
To fill out the annual student loan acknowledgement, borrowers need to log into their student loan servicer's website, navigate to the annual acknowledgement section, and provide requested information about their loans, repayment, and any changes in their circumstances.
The purpose of the annual student loan acknowledgement is to ensure that borrowers are aware of their loan details, repayment options, and obligations, fostering responsible borrowing and repayment.
Information that must be reported includes the total amount of loans borrowed, the current balance, interest rates, repayment schedules, and any changes in the borrower's circumstances that affect repayment.
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