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Institutional Loan Repayment

Perkins Loan Repayment

  • 9-month grace period
  • interest rate of 5%
  • loan can be consolidated with Federal Direct Subsidized and Federal Direct Unsubsidized Loans
  • may be eligible for deferment or forbearance
  • may be eligible for partial cancellation after working in an eligible field for 12 months
  • Borrowers for the Perkins loan program are scheduled for monthly repayment after an initial grace period or after falling below half-time enrollment.

Loans for Disadvantaged Students (LDS) and Health Professions Student Loans (HPSL)

For detailed information about these loans, visit the financial aid website.

For information regarding loan consolidation, cancellation, deferment, and forbearance options, please contact the loan servicer ECSI.

888-549-3274 or (412) 788-3900
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