The University Collection Services/Federal Perkins Loan Department oversees administration and collection of all Federal Perkins Loans issued by Illinois State University. These loans can range in size from several hundred to several thousand dollars. Each borrower is obligated to repay the principal and the interest that accrues on the loan to Illinois State University.
Borrowers of the loan may be eligible and apply for the following entitlements:
Information on eligibility and application requirements for forbearances, deferments and cancellations can be requested from the University Collection Services/Federal Perkins Loan Department at Illinois State University.
Forbearance, deferment or cancellation request forms may be found at: http://www.ecsi.net/bwr/forms/aa-index.html. Completed request and supporting documentation may be submitted by walk-in or emailing them to: isuperkinsloan@ilstu.edu
At the end of each semester, the University Collection Services/Federal Perkins Loan Department holds exit interviews on campus to benefit borrowers in understanding their loan rights and responsibilities.
Initiating body: Vice President for Finance and Planning
Contact: Collection's Office (309-438-3347)
Revised on: 09/2016