The Federal Perkins Loan program ended on September 30, 2017. No additional Federal Perkins Loans will be available after the 2017-2018 academic year.
- Repayment​
Who to contact?
If you have borrowed Federal Perkins Loans at Belmont University, your loan information has been sent to Heartland ECSI. All payments and related correspondence should be sent to Heartland ECSI. To view your Federal Perkins loan information online, please visit ECSI or you can contact them by phone at (888) 549-3274. - Exit Interviews
If you borrowed any Federal Perkins loan while attending Belmont University, you will need to complete Perkins Exit Counseling when you graduate, withdraw, or drop below half-time enrollment (6 hours for undergraduates, 3 hours for graduates). Exit counseling must be completed prior to graduation in your final semester at Belmont. Please note: This is a separate requirement from your Direct Loan Exit Counseling. Students who have borrowed Direct Loans and Perkins loans while attending Belmont must complete exit counseling for both loan types. - When do I begin repayment?
As you enter into repayment, your Federal Perkins Loan may be consolidated into a Direct Consolidation Loan. Consolidating your federal education loans can simplify your payments, however it can also result in the loss of some benefits from the Perkins Loan. To view your federal loan history, including Perkins Loans, please click here. For more information on loan consolidation, please click here. - What are the Terms and Conditions of my Federal Perkins Loan?
The Terms and Conditions of your Federal Perkins Loan Master Promissory Note (MPN) provide you with additional detailed information regarding your rights, responsibilities and benefits of a Federal Perkins Loan. To view a copy of your Perkins MPN or if you would like additional information regarding any alternative repayment options for your Perkins Loan please contact ECSI or (888) 549-3274 for assistance. - What happens if I do not repay my loan?
The collection of Federal Perkins Loans have become increasingly strict. If you ignore bills or move without notifying Student Financial Services or ECSI, you may acquire a transcript hold, late fees, and a delinquency on your credit report. - What if I have problems repaying my loan?
If you have a problem making scheduled payments on your loan, contact Student Financial Services office immediately at (615)460-6403. An Institutional Loan staff member will work with you to help you avoid the costs and adverse consequences of delinquency and having your loan classified as in default. Deferment and forbearance are options that can help you avoid default and maintain a positive credit history.
