Beginning with the 2021-2022 academic year student and parent borrowers will be able to complete the Annual Student Loan Acknowledgement (ASLA) process on a voluntary basis. The ASLA process does not replace entrance counseling, but is an additional tool to ensure borrowers understand how much they currently owe in federal student loans and acknowledge they are aware of the loan debt. Students will see the acknowledgement in the financial aid portal as a requirement, in addition to entrance counseling, beginning in the 2022-2023 academic year.