You must accept, reduce, or decline your loans each academic year by following these steps:
- Log into One.IU and go to View/Manage My Financial Aid Information.
- Choose your Aid Year.
- Choose the award you wish to accept, reduce, or decline (you’ll need to check the accept box before you can enter a reduced loan amount).
If you choose to reduce or decline your federal loans, you can and should do so before they post to your student account. However, it is possible to make adjustments after your loans have been posted.