Perkins Loans

The University of Arkansas Student Loan Office has contracted with Educational Computer Systems, Inc. (ECSI) to ensure compliance with the federal regulations and guidelines and maintains the promissory notes that pertain to the Federal Perkins Loan program. After a student borrower leaves or graduates from the University, ECSI is responsible for the collection of those loans. The Student Loan Office maintains the guidelines, promissory notes, and collection of the University (emergency) Loan Fund. You can access your Perkins Loan account at www.heartlandecsi.com. You will need your social security number and PIN. Please contact ECSI at 1-888-549-3274 to obtain your PIN.

For additional information regarding student aid, please review the Federal Student Aid page.

About the Federal Perkins Loan

The Federal Perkins Loan is awarded based on need for students attending at an institution of higher education. Once the Perkins Loan repayment period begins, the borrower will receive a repayment schedule, outlining payment amounts and deadlines. The minimum allowable payment toward the Perkins Loan is $40.00. Any payment amount above $40.00 will not be penalized. A borrower will not be penalized for early repayment. Interest will accrue on the Perkins Loan while in the repayment period. 5% annual interest will accrue on any unpaid principal loan balance. Interest will not accrue on collection costs, late fees or other costs that may be associated with a Perkins Loan.