Student Loan Summary Letter FAQ

Did you recently receive a student loan summary letter from our vendor partner Inceptia? We've prepared answers to some of the questions you may have about this annual communication.

This information is being shared with you in compliance with Pennsylvania’s new law requiring all schools to issue student loan summaries to students on an annual basis. The intention of these letters is to educate you on your borrowing history, estimated monthly payments, repayment options, and total borrowing caps for federal loans.

No immediate action is required of you, but our hope is that you will find this information valuable as you make borrowing decisions for the remainder of your academic career and plan for your loan repayment.

Visit and click on the login button on the front page. Once you have logged in to the secure site, you can view your Federal Aid Dashboard that shows a summary of your federal loans and grants.

If you need help logging in, Inceptia has prepared a useful guide:

Check with your loan servicer, as there may be possible delays in transferring data to the Department of Education’s National Student Loan Data System (NSLDS).

Check with your loan servicer, as there may be possible delays in transferring data to the Department of Education’s National Student Loan Data System (NSLDS).

The letter from Inceptia only includes private student loans that Penn is aware of based on our records. If you took out private loans to finance academic work at another institution, Penn would not have access to that information.

You can view a summary of all of your debt (including loans and credit cards) by requesting a free credit report at It’s important to request this report annually to make sure that you are aware of, and agree with, all of the debt attached to your identity. If you notice errors, there are mechanisms to correct them with, which will save you a lot of trouble over the long-term.

This is a completely normal reaction if you’re seeing your total debt for the first time. There are a number of options available to you as you make a plan for handling your debt over time. Start by reviewing your repayment options with your loan servicer.

Financial Wellness @ Penn is developing a series of modules on loan repayment that we will be rolling out to students in July. We will share these resources with all students who received a debt summary letter from Inceptia. Please stay tuned for more opportunities to learn about loan repayment.

No, your letter only reflects the principal amounts and does not include accrued interest. To review your current balance on any particular federal or private loan, including accrued interest, you should check with your loan servicer.

Additional Resources