640 N. Garland Ave, Suite 108
Fayetteville, Arkansas 72701
The University of Arkansas Student Loan Office has contracted with
Educational Computer Systems, Inc. (ECSI)
to ensure compliance with the federal regulations and guidelines and maintains the promissory notes that pertain to the Federal Perkins Loan program. After a student borrower leaves or graduates from the University,
ECSI is responsible for the collection of those loans. The Student Loan Office maintains the guidelines, promissory notes, and collection of the University (emergency) Loan Fund.
You can access your Perkins Loan account at www.heartlandecsi.com.
You will need your social security number and PIN. Please contact ECSI at 1-888-549-3274 to obtain your PIN.
The Federal Perkins Loan is awarded
based on need for students attending at an institution of higher education. Once the Perkins Loan repayment
period begins, the borrower will receive a repayment schedule, outlining
payment amounts and deadlines. The minimum allowable payment toward the Perkins
Loan is $40.00. Any payment amount above $40.00 will not be penalized. A
borrower will not be penalized for early repayment. Interest will accrue
on the Perkins Loan while in the repayment period. 5% annual interest will accrue
on any unpaid principal loan balance. Interest will not accrue on collection
costs, late fees or other costs that may be associated with a Perkins Loan.