Keeping accurate and complete records of your financial activities is extremely important in helping you manage your loans and achieve your financial goals. Financial documents that should be kept in a secure and accessible file include:

• Loan applications
• Promissory notes
• Disclosure statements
• Notices from your lenders/holders/servicers
• Copies of all written communications (including e-mail), and a log of  telephone conversations
• Income tax returns (federal and state)
• Financial aid forms and award letters

This file will be invaluable to you while you are in school, and especially as you enter repayment. Be aware that student loans are often sold by one lender to another, and you need to keep track of the holder of your loans at all times. It is your responsibility to manage your loan payments, to know the terms and amounts of your loans, as well as who are your lenders/holders/servicers. In addition, you are required by law to keep them informed always of your current contact information (name, address, telephone).