[DetroitT]

As a student with the now retired student upgrade-program, you had to have grabbed the 10/11 upgrade, registered and the went to iLok and surrendered.

None of this is automated and now your in a bind (if I understand your post) and in need of an iLok2.

Yes, It's time to get an iLok 2 and to note for future upgrades to read the readme files and software spec's which would have alerted you this iLok2 need.

This should cost around 25-$40us. Some plug-in makers offer free iLoks with their products.
but overall this would cost more upfront.