Federal Perkins Loan
The Federal Perkins Loan is serviced by Point Park University using funds from the federal government. Interest rate on a Federal Perkins Loan is five (5%) percent. Repayment of a Federal Perkins Loan begins nine (9) months after a student graduates, is enrolled less than half-time or leaves school.
NOTE: ECSI is the Point Park University designated servicer for Perkins Loans.
A Perkins Loan borrower will be required to complete a Federal Perkins Loan Exit Interview after graduation or leaving school. ECSI Educational Computer Systems, Inc., offers a 24/7 convenience of On-Line Exit Interviews.
Log on to www.ecsi.net and you will be presented with a fully customized, On-Line Exit Interview that will provide you with important borrower-specific information such as:
- Promissory Note Parameters
- Entitlement Provision Information
- Outstanding Loan Balance
- Rights and Responsibilities
- Repayment options
- Cancellations Provisions
- Deferments, Unemployment Deferments, Hardship and Forbearance
When you graduate make sure that you visit the Office of Student Accounts or contact us in writing with your forwarding address/or any changes with your contact information. ECSI, provides Perkins Loan Payment options such as Electronic Funds Transfer (EFT/ACH).
***Keeping track of your Perkins loan and making prompt payments
is vital to your financial success and your credit history***
ECSI handles all of the Collections Services for Perkins Loan borrowers.
If you currently have a Perkins Loan, please forward your payment(s) to the address listed below:
ECSI
181 Montour Run Road
Coraopolis, PA 15108
P: 1-888-549-3274
Note: Checks should be made payable to Point Park University.
If you have any questions please contact:
Emily Droesch
Assistant Director of Student Accounts
(412) 392-8123