Towson University has contracted with Heartland ECSI to provide billing services for the Perkins Loan, and they will mail monthly billing statements to you once your grace period has expired.
Federal regulations require that all Perkins Loan recipients complete an exit interview. This process takes only 15 minutes and is designed to:
It is extremely important that you complete an exit interview. You will receive an email notice toward the end of your last semester that explains the exit interview procedures. Note that diplomas and transcripts will not be released and you will be blocked from any future registration until you complete the exit interview process.
Towson University has contracted with Heartland ECSI to provide billing services for the Perkins Loan, and they will mail monthly billing statements to you once your grace period has expired.
Write your account number on your check and make checks payable to Towson University. Send your payment to:
Heartland ECSI
P.O. Box 718
Wexford, PA 15090
Heartland ECSI offers a program called ACH, a convenient and efficient way to make Perkins Loan payments. With this program, regularly scheduled payments will be deducted from your checking account, and the ACH transactions will appear each month as a debit on your bank statement.
To enroll in the ACH program, contact Heartland ESCI at 1-888-549-3274.
To be eligible to receive a student deferment, you must be enrolled and in attendance as a regular student in at least a half-time course of study in an institution of higher education. At Towson University this means you must be enrolled in at least six credits.
To apply for a deferment of payments, you must complete a deferment request form for each eligible semester. To obtain the form, go to the forms page on the Heartland ECSI website.
Mail the completed form to:
Heartland ECSI
P.O. Box 718
Wexford, PA 15090
Your promissory note contains information regarding deferment and cancellation provisions. Further information and forms on deferment and cancellation provisions is available on the Heartland ECSI website.
If you encounter financial difficulties in repayment of your student loan, contact the Perkins Loan Collection Manager at 410-704-5239 about available options before you default on a loan.
Your Perkins Loan account status is reported to national credit bureaus on a monthly basis. Your credit rating will be adversely affected should you default on your student loan.
*The Central Collections Unit of Maryland can be reached at 410-767-1220.
All questions regarding your Perkins Loan should be directed to the Bursar's Office at 410-704-2100 or bursar AT_TOWSON.