Loans are one of the first opportunities students have to establish credit. Payments are based on a repayment term of 10 years and the balance owed, with a minimum monthly payment of $40. As payments become due, interest accrues on the account at an Annual Percentage Rate of 5%. Students must begin repaying their loans nine months after leaving UNCG, whether it is by withdrawal or graduation. New eligibility for cancellation benefits.Enrollment drops below half time status.Name, address, telephone number, or e-mail address changes.Please report any of the following changes immediately to ECSI: Certain status updates may change repayment terms so it is important to keep the lender informed. Students who experience certain changes to their status or contact information during or after their time at UNCG must update ECSI as soon as possible. Those withdrawing, transferring, or dropping to below half time status must also notify ECSI directly in order for their account to stay current. Students who do not complete the exit interview will receive a hold which will prevent them from getting transcripts in the future. Students must complete a Loan Exit Interview, available on the ECSI website, when they graduate, drop below half time status, or otherwise leave the university. Staff Liaison: Heather Wolford After graduation or enrollment change International Student Visa Requirements.Perkins and Institutional Loan Repayment.
0 Comments
Leave a Reply. |