The University Collections Department oversees collection of all Federal Perkins Loans. These loans can range in size from several hundred to several thousand dollars. Each borrower in the Federal Perkins Loan program is allowed a maximum of ten years to repay the loan.
Exit interviews, stressing the rights and responsibilities of borrowers, are held at the end of each semester for all graduates or transfer students having such a loan.
Student deferment forms, military deferment forms and teacher deferment/cancellation forms are available during the hours of 8:30 a.m. to 4:30 p.m at the Student Accounts Building/Collections. The office may be reached by phone at 309-438-3347 or toll-free, 1-800-366-4799. Completed forms should be returned to Student Accounts/Collections - Student Loan Section, Mail Code 1210, Illinois State University, Normal, IL 61790-1210.
Initiating body: Vice President for Finance and Planning
Contact: Collection's Office (309-438-3347)
Revised on: 04/2004
