Bursar's Office

Loan information

The following loans are serviced by Heartland Solutions ECSI.

Contact information for ECSI: 

Call: 1-(800) 437-6931
Website: www.heartlandecsi.com

Federal Perkins loans

Grace Period: 9 months.
Grace Period Interest: No
Maximum Term: 120 months
Interest Rate: 5%
Deferments: Yes
Cancellation: Yes
Consolidation: Yes

Union College loans

95001, 95002, 95101, 95201, 95401, 96501, 26101 (UC General, Swope, Ryder, Eppler, Schaffer, DASNY)

Interest Rate: 8% with the following exceptions:

  • 95002 Union Loan - Interest rate 6%
  • 95901 Horwitz Loan - Interest Rate: 5%
  • 95301 Nelson Loan - Interest Rate: 3%

 

Loans terms are as follows:

Grace Period: Six months
Grace Period Interest: No
Maximum Term: 180 months ( Union Loan 95002 has a maximum term of  120 months.)
Deferment: Yes
Cancellation: No
Consolidation: No

 

CAUSE AWARD loans

Grace Period: Six months
Grace Period Interest: No
Maximum Term: 180 months
Interest Rate: Currently 8%
Deferments: Yes
Cancellations: Yes
Consolidations: No