Perkins Loan Repayment

About the Perkins Loan

The Perkins Loan is a low-interest (5%) loan available to undergraduate students with great financial need. It is a Title IV, campus-based loan, made up of University and federal dollars. The University of New Haven is your lender, and the loans are managed by Heartland ECSI.

This is a loan and must be repaid.

Maximum Borrowing Amounts

$1,500 for each year of undergraduate study up to $20,000.

Reference the U.S. Department of Education Student Guide: Federal Perkins Loans for more information.

Distribution of the Perkins Loan

The amount awarded by the Financial Aid Office will be posted to the student’s University of New Haven tuition and fees account in two disbursements during the academic year.

Repayment of the Perkins Loan

You have nine months after you graduate, leave the University of New Haven or drop below half-time status before you must begin repayment. This is called a grace period. At the end of your grace period, you must begin repaying your loan.

Credit Bureau Reporting

Perkins Loans will be reported to a national credit bureau.

Deferment and Cancellation

Under certain circumstances, repayment of a Perkins Loan can be deferred. During deferment, payments are not required and interest does not accrue. After deferment, the borrower is entitled to a post-deferment grace period of six consecutive months.

Types of deferments include:

  • Economic Hardship Deferment
  • Professional Employment Deferment and Cancellation
  • Student Deferment
  • Unemployment Deferment
Contact Information

Heartland ECSI is the Perkins Loan servicer for the University of New Haven. Please make all payments payable to the University of New Haven and send them to:

Heartland ECSI
PO Box 718
Wexford, PA 15090


If you require additional information about your account you may contact the University of New Haven at:

University of New Haven
Bursar’s Office
300 Boston Post Road
West Haven, CT 06516

Phone: (203) 932-7217
Fax: (203) 931-6086

Contact The Bursar's Office

Bergami Hall
Phone: (203) 932-7217
Fax: (203) 931-6086

Hours: Monday - Friday
8:30 a.m. - 4:30 p.m.