What are ECSI loans?

What is ECSI? ECSI is a campus-based loan servicer for colleges and universities. Their services include borrower support, billing statement generation, payment processing, due diligence, accounting, reporting and automated collection agency placement.

Is ECSI a government loan?

Heartland ECSI primarily services health and nursing loans, which are administered through the HRSA (Health Resources and Services Administration). These loans come in the form of Loans for Disadvantaged Students (LDS) and Health Professional Student Loans (HPSL), which are non-direct federal loans.

Is ECSI a legitimate company?

Heartland Educational Computer Systems, Inc., or Heartland ECSI, is a student loan servicer. That means that it doesn’t offer student loans. Instead, it merely collect payments for loans. It partners with more than 1,900 colleges and universities across the country.

Are ECSI loans deferred?

During a deferment, interest does not accrue. ECSI for information regarding the eligibility of a specific loan for a deferment. If applying for a deferment for a Nursing or Health Professions Loan, please include a copy of your class schedule or enrollment verification from your school.

Is ECSI a debt collector?

ECSI is a billing service provider for the college, not a collection agency. Another feature is that ECSI provides payment options such as Electronic Funds Transfer (EFT/ACH), payment date choice (only if using EFT), and Credit Card payments for all borrowers (additional fee applies to all credit card payments).

Why did I get a ECSI as agent for refund?

What does Heartland ECSI have to do with my refund? Heartland ECSI collects your direct deposit information and sends your refund to you on behalf of the University. To ensure that your refund is sent where you want it to go, sign on and provide your direct deposit information now!

How long does heartland Ecsi take to process?

If you have elected a direct deposit, it takes 24-48 hours for the money to be deposited into your account once you receive an email that it was processed. If you have elected a paper check, it takes 4-6 business days to receive your refund via mail once you receive an email stating that it was processed.

Why did I get a Ecsi as agent for refund?

What is Ecsi as agent for refund?

If you chose direct deposit as your delivery method, this means that the refund has been returned to your school. Direct Deposit Returned to Heartland ECSI—Paper Check Pending Issuance.

Are Perkins loans included in forbearance?

Perkins Loans and Federal Family Education Loans not owned by the U.S. Department of Education are not eligible for automatic forbearance. Apply for traditional forbearance with your servicer — or your school if you have Perkins loans — to get a break from payments.

How long does it take Ecsi to process a refund?

How soon will I get my financial aid refund?

Usually the disbursement period for refunds is about three to four weeks into the semester, yet certain schools may have a particular timeframe that they follow. When a FAFSA refund check is disbursed, a student likely will have the option in which the payment is made.

What are ECSI loans? What is ECSI? ECSI is a campus-based loan servicer for colleges and universities. Their services include borrower support, billing statement generation, payment processing, due diligence, accounting, reporting and automated collection agency placement. Is ECSI a government loan? Heartland ECSI primarily services health and nursing loans, which are administered through the HRSA…