Federal Perkins Loan Repayment

The Federal Perkins Loan Program is a federally funded low-interest loan. Ohio University is the lender using funds from the federal government and/or payments collected from previous borrowers. The interest rate on the Perkins Loan is five (5) percent, and repayment starts nine months after a student leaves school, graduates, or drops to below half-time status.

The Federal Perkins Loan is separate from any Federal Direct Loan you may have borrowed while at Ohio University. Ohio University is the lender and collector of the Federal Perkins Loan.


Loan Servicer

It is the borrower’s responsibility to update their Federal Perkins Loan contact information with Ohio University’s loan server, Heartland ECSI.

Ohio University contracts with a student loan billing servicer to collect Federal Perkins Loans. That servicer is:

Heartland Campus Solutions ECSI
181 Montour Run Road
Coraopolis, PA 15108-9408

ECSI provides web-based access to your loan account which allows you to view payment history, update address and phone information, verify account balances, obtain loan payoff amounts, sign-up for electronic billing, and make payments. ECSI provides payment options such as recurring electronic funds transfer and credit card payments (an additional fee applies to credit card payments; no additional fee for most eCheck payments).You can view your loan account status online at www.heartlandecsi.com/.

ECSI will bill each loan in accordance with the terms of the signed promissory note and repayment schedule presented during the exit interview counseling. In the case of multiple Perkins loan accounts, you may receive a consolidated statement. Monthly billing starts following the expiration of the initial 9-month grace period with payment due in the tenth month.


ECSI Login


Click on “Manage Your Student Loan Account”.

Login information:
School Code =  WQ
Account Number =  Your Social Security Number, no hyphens
Password/PIN = If unknown, call ECSI at 1.888.549.3274 to have a representative reset your password. 


Exit Interview Information

When a student graduates from Ohio University, the loan exit process will begin. The student will receive an email notification to the student's OHIO email address to complete their Perkins Loan Exit Interview Counseling. Exit interview counseling is completed electronically with the University's student loan billing servicer, Heartland Campus Solutions ECSI (Educational Computer Systems, Inc.) at www.heartlandecsi.com/. Failure to complete the exit interview counseling will result in a HOLD being placed on university records (i.e., grades, diploma, transcripts, and future registration).

If a student stops attending Ohio University or transfers to another institution, they should contact the Office of the Bursar to make arrangements to complete the Perkins Loan Exit Interview.


Terms and Repayment

Interest and Grace Period
Interest will begin to accrue nine (9) months after a borrower graduates or ceases to be a half time student at an annual percentage rate of five (5) percent based on the unpaid balance. No interest will accrue during a period of deferment.

The first monthly payment will be due ten (10) months from the time the borrower graduates or ceases to be a half time student. The minimum monthly payment will be $40.00, but may be more if the amount borrowed is sufficient to require a larger payment. Repayment occurs over a maximum of 10 years, not including any periods of deferment.



You may qualify for a deferment of repayment on a Federal Perkins Loan under certain circumstances. A list of deferment conditions can be found at https://borrower.ecsi.net under the Download Forms link.

You may have part or all of your Perkins Loan canceled, under certain conditions, as long as the loan is not in default. Typical conditions for cancelation are careers in nursing, teaching, law enforcement, etc. A list of cancelation conditions can be found at https://borrower.ecsi.net under the Download Forms link.

To apply for a deferment/cancelation of payments a borrower must complete a deferment/cancelation form, and submit the form to:

Heartland ECSI
181 Montour Run Road
Coraopolis, PA 15108-9408


Loan Consolidation

Loan consolidation allows a borrower to combine different types of federal student loans to simplify repayment. A borrower can contact the Department of Education's Direct Lending Consolidation at (800) 557-7392 or www.studentloans.gov for more information.


Perkins Financial Checklist

The Perkins Financial Checklist was developed to help borrowers with the repayment of the Perkins Loan.

Perkins Checklist


The Consequences of Default

The Perkins Loan is a revolving loan fund.  Loss of Perkins Loan funds prevents others from receiving the benefits of these funds you borrowed.  Borrower defaulted loans cause Ohio University default rates to increase, thus having a negative effect on the University.

  • Ohio University is required, by federal regulation, to report the status of Perkins Loan to at least one of the three national credit bureaus. If your loan becomes past due, your credit rating can be adversely affected.
  • You may not utilize the deferment/cancelation provisions of the Perkins Loan program while your loan is in default.
  • You are ineligible to receive additional Federal financial aid while in default.
  • If your loan payment becomes seriously past due, your loan may be accelerated, which means the entire loan becomes due and payable immediately. Accelerated loans will be forwarded to the Ohio Attorney General’s office for further collection proceedings. All associated collection costs are your responsibility and will increase your outstanding balance due.


Attorney General of Ohio, Mike DeWine
Collections Enforcement
150 East Gay Street, 20th Floor
Columbus, Ohio 43215


Collection Cost
The Ohio Attorney General and/or their collection agencies will assess collection fees and interest to the account holder. The Ohio Attorney General reserves the right to employ legal counsel to handle litigation necessary to collect the debt. If litigation is filed, all costs associated with the litigation may be passed to the account holder. The Ohio Attorney General and his designees will at all times act in compliance with the provisions of the “Fair Debt Collection Practices Act” and any applicable Ohio statues.


Loan Rehabilitation

Loan rehabilitation is a written and signed agreement between the University and a borrower in an attempt to resolve a defaulted loan.

In order to rehabilitate a defaulted loan, the borrower must make 9 consecutive on-time payments per the rehabilitation agreement. The minimum payment amount accepted will need to cover the total outstanding interest, late fees and penalty fees plus any additional interest and fees that will accrue over the 9 month period.

If you are interested in a loan rehabilitation contact ECSI at 1.88-549-3274 or Cory Tinkham at 740.593.9930.