Perkins & Institutional Loan Repayment
All Perkins and institutional loans are solely in the student's name, which means you are the only individual responsible for paying them back.
Drexel University utilizes Educational Computer Systems, Incorporated (ECSI) to manage all its campus-based loan programs that include the following loan types:
- Federal Perkins Loans
- Drexel Institutional Loans
- Drexel Emergency Loans
- Primary Care Loans
- Nursing Student Loans
- HHS Loans for Disadvantaged Students
You can view your Perkins and institutional student loan accounts, download forms, update their address and make online payments by logging into the ECSI website. Your five digit security code will be included on the first invoice from ECSI and will allow only you to access your confidential account information.
When you graduate, withdraw or drop below part-time status your Perkins and institutional loans will either enter into a grace period or an immediate repayment period. Perkins Loans have a 9 month grace period in which you do not need to make repayments. Other campus based loans may or may not have a grace period, so it is important you review your information on at the ECSI web site.
If you borrowed a Federal Perkins Loan you are required to complete exit counseling at the ECSI website. You can login to the ECSI website using Drexel's School Code (7D), your Social Security Number and FAFSA PIN.
ECSI bills on the 15th of the month with payment due on the 1st of the month. Drexel University highly encourages you to participate in electronic billing and payment of your Perkins or institutional student loans.
Borrowers must mail all payments, correspondence, forbearance, deferment and cancellation applications directly to:
181 Montour Run Road
Coraopolis, PA 15108
Borrowers may also contact ECSI by phone at 888-549-3274
or by fax at 866-291-5384