If you’re attending school at least half time, you have nine months after you graduate, leave school, or drop below half time status before you must begin repayment. This is called a grace period. If you’re attending less than half time, check with your Perkins Loan Coordinator to determine your grace period. At the end of your grace period, you must begin repaying your loan. You may be allowed up to 10 years to repay.
ECSI is the billing agent for the Perkins Loan; the entrance interview, promissory note, exit interview and repayment of the loan will be handled by them. You can find them on the web at www.ecsi.net or 1-888-549-3274.