Loans Receivable
Please contact our loan service provider for general
questions and requests:
ECSI
181 Montour Run Road
Coraopolis, PA 15108
Phone: (888) 549-3274
Fax: (412) 494-5626
On the web: www.ecsi.net
Deferments
Interest does not accrue and payments
need not be made during any period of eligibility for
deferment. Deferments are not granted in advance. A
deferment of repayment is granted to borrowers who file
a properly executed and certified request at the START
of a period of eligibility. Deferment request forms
must be submitted in a timely manner. One of the following
deferrals may apply to your loan(s).
Deferment Condition:
- At least half-time enrollment as a student
- Rehabilitation training
- Graduate fellowship study
- Eligible internship or residency program
- Inability to secure full-time employment
- Economic hardship
- Hardship as determined by school
- Forbearance
- Peace Corps/ACTION program volunteer
Full-time volunteer for tax-exempt organization in
service comparable to Peace Corps or ACTION
- U.S. Armed Services
- Officer in the Commissioned
Corps of U.S. Public Health Service
- National Oceanic and Atmospheric Administration Corps
- Nurse/medical technician providing health care services
- Temporary total disability or care for temporarily
totally disabled spouse/dependent
- Pregnancy, care of newborn or newly adopted child
Mother of pre-schooler working or returning to work
- Employment in Head Start Program
- Teacher in designated low-income school
- Teacher of special education, including teachers
of infants toddlers, children or youth with disabilities
- Provider of early intervention services
- Teacher of mathematics, science, foreign languages,
bilingual education or other field of expertise determined
by state education agency to have a shortage
of qualified teachers
- Provider or supervisor of provision of services
to high-risk children from low income communities
and their families
Forms
Cancellations
A percentage of your loan may be cancelled
if you meet the eligibility requirements. Cancellation
request forms must be submitted in a timely manner.
Following is a list of cancellations that may apply
to your loan(s).
Cancellation Criteria:
- Total and permanent disability or death of borrower
- Full-time employment in a Head Start Program
- Full-time law enforcement or correction officer
- Full-time teaching in low-income school eligible
for funding under Chapter 1 of the Education Consolidation
and Improvement Act of 1981
- Full-time special education teacher, including teacher
of infants, toddlers, children or youth with disabilities
- Provider of early intervention services in a public
or other nonprofit program under public supervision
- Full-time teacher of handicapped students in a public
or other nonprofit elementary/secondary school
- Full-time teacher of mathematics, science, foreign
languages, bilingual education, or any field of expertise
determined by the state education agency to
have a shortage of qualified teachers
- Provider or supervisor of provision of services
to high-risk children from low-income communities
and their families
- Nurse or medical technician providing health care
services
- Peace Corps or ACTION volunteer or comparable service
- Service in U.S. Armed Forces
If you think you
qualify for these benefits, you must apply with a proper
request form.
To obtain
a deferral or cancellation request form, download the form in
Adobe Acrobat Format or call or write our office.
Also, your coupon booklet has a form request coupon
in the front. During your grace period you will
receive notices about your loan, on which you can request
these forms.
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