Federal Perkins and Health Profession Student Loans borrowed by LIU students are administered by ECSI.
What does this mean? LIU has contracted with ECSI to assist in the administration and billing of Federal Perkins and Health Profession Student Loans.
ECSI acts on behalf of Long Island University for the billing and repayment of your student loans. As an agent for LIU, ECSI will assist you in meeting your repayment obligation for your student loan(s).
Monitor your Perkins and Health Professions Student Loans online at heartlandecsi.com.
Payments, correspondence and questions may be directed to:
Long Island University c/o ECSI
181 Montour Run Road
Coraopolis, PA 15108
All Loan and Grant History at LIU: Access through the MyLIU Student Portal
Use your MyLIU portal to access your full loan and grant history at LIU.
Login to the MyLIU portal, click Campus Finances, and then click View Financial Aid.
You will be able to view your loan and grant history broken out by aid year.
This site will not reflect any payments you may have already made toward your loans. Your award history reflects the total initial paid amount of each award in each year.
Federal Loan and Grant Information: Access through the National Student Loan Database
Use the National Student Loan Data System (NSLDS), nslds.ed.gov, to access your federal loan and grant information (amount borrowed, servicers, etc.).
NSLDS is the U.S. Department of Education's central database for student aid.
NSLDS contains information on all Title IV programs, which includes Direct Loans, PLUS, Perkins, Pell Grants, and SEOG.
You will need your FSA ID to access your information on NSLDS. If you do not remember your FSA ID, go to Federal Student Aid to 'Request a Duplicate'.
Your loan information on NSLDS will include contact information for the servicer for each loan.
Perkins and Health Professions Student Loan Information: Access through ECSI
Perkins and Health Professions Student Loans are administered by ECSI. This means that repayment is handled through ECSI (heartlandecsi.com).
ECSI acts on behalf of LIU for the billing and repayment of your Perkins and Health Professions Student Loans. As an agent for LIU, ECSI will assist you in meeting your repayment obligation for these loans.
To find out about your loan balance, make a payment, or get answers to questions, contact ECSI directly: (888)-549-3274
It is important to maintain a good understanding of your credit. There are three nationwide consumer credit reporting companies: Equifax, Experian and TransUnion. These companies can have different information, so it is good to check all three annually. Visit AnnualCreditReport.com to learn about accessing your credit reports.
Loans in deferment (even while in school) and in repayment will be listed on your credit report. Loans in deferment/forbearance may be questioned if you are trying to access new credit (buying a car, home, etc.), especially if the deferment is not due to an in-school status.
It is very important to stay current with loan payments so that your credit is not negatively affected. Making late payments can have a very negative impact on your credit history and score. It is important to know that a negative entry on your credit report due to a late payment can remain on the report for up to seven years, according to the Fair Credit Reporting Act. Loan default happens when a borrower becomes 270 days delinquent on a loan (the time count starts on the day after payment is missed). Communication is the key to avoiding loan default. If you are having trouble making payments, contact the servicer for your loans to find out about your options. Loan default is not good for anyone (including schools and lenders), so your lenders will work with you to prevent default if you communicate actively with them, and take all requested steps.
There are several repayment options for your Federal Direct and PLUS Loans. Please review the information below and use the links provided to get more details.
Direct Loan Information
Direct Loan repayment begins 6 months after a student graduates, withdraws or drops below half-time enrollment.
Subsidized Direct Loans do not typically accrue interest while a student is enrolled at least half-time. The interest subsidy may be limited for students who fail to complete their program within 150% of its published program length. Interest does accrue while in repayment.
There are several repayment plan options: standard, graduated, extended, income-based, income-sensitive (not available for Direct Loans), and income-contingent.
Students are automatically set on the standard repayment plan, and must contact the servicer to change the repayment plan. Repayment plans can be changed once per year.
PLUS Loan repayment begins after the loan is fully disbursed. The first payment is due within 60 days of the final disbursement, unless the borrower requests a deferment.
A Graduate PLUS Loan borrower can defer repayment while enrolled at least half-time.
Parent PLUS Loan borrowers whose loans were first disbursed on or after July 1, 2008, may choose to have repayment deferred while the student for whom the loan is borrowed is enrolled at least half-time and for 6 months after the student is no longer enrolled at least half-time.
Parent PLUS Loan borrowers who are also students, can defer repayment while enrolled at least half-time.
Interest that accrues during deferment periods will be capitalized if not paid by the borrower during the deferment.
There are several repayment options for PLUS Loans. Please visit studentaid.ed.gov for detailed repayment information.
To request deferment or forbearance, you need to contact your loan servicer. If you are unsure of the servicer, you can login to the National Student Loan Data System (NSLDS) at nslds.ed.gov to get the information.
Be sure to contact your servicer as soon as possible if you find that you are having trouble making payments or have an upcoming life change (entering military service, going back to school, etc.).
Graduating students who have borrowed Federal loans must complete Loan Exit Counseling for those loans. Student who fail to complete loan exit counseling will be unable to receive official transcripts and diplomas from the University.
Federal Perkins and Health Professions Student Loans