Loan Collections and Repayments - Student Financial Services

Loan Collections and Repayments – Student Financial Services


LOAN PROGRAMS

The University of Maryland, Baltimore administers a number of institutional loan applications:

The Federal Perkins Loan is offered to qualifying students in most UMB applications. Interest doesn’t accrue and funds will not be required whereas enrolled with at the least half-time student standing, in the course of the nine-month grace interval supplied, or inside durations of eligible deferment. Interest accrues at 5 p.c yearly whereas in compensation.

The Federal Nursing Loan (FNL) is offered to qualifying students within the undergraduate and graduate-level Nursing Programs. Interest doesn’t accrue and funds will not be required whereas enrolled at the least half-time in a Nursing Program, in the course of the nine-month grace interval supplied, or inside durations of eligible deferment. Interest accrues at 5 p.c yearly whereas in compensation.

The Health Professions Loan (HPSL) is offered to qualifying students within the dentistry and pharmacy applications. Interest doesn’t accrue and funds will not be required whereas registered full time in a well being career program, whereas within the 12-month grace interval supplied, or inside durations of eligible deferment. Interest accrues at 5 p.c yearly whereas in compensation.

The Primary Care Loan (PCL) is offered to qualifying medical students with a requirement that they practice and follow in major care. Interest doesn’t accrue and funds will not be required whereas registered full time, whereas within the 12-month grace interval supplied, or inside durations of eligible deferment. Interest accrues at 5 p.c yearly whereas in compensation.

In addition to the above federal applications, the University administers a number of personal donor loans which have various phrases and circumstances.

READ:   The Future of Student Loans and Bankruptcy – Is There a Bubble Waiting to Burst? | Epiq

For data on making use of for one of many above loans or making use of for Stafford Loans, please contact the Office of Student Financial Assistance and Education at 410-706-7347 or cease by the workplace at 601 W. Lombard St., Suite 221. 


 

COLLECTION ASSISTANCE

If you acquired Federal Perkins, Federal Nursing, Health Professions, Primary Care, or one in every of our varied personal donor loans whereas attending the University of Maryland, Baltimore, the University is your LENDER.

Please e-mail the Student Loan Collections Team: [email protected]

Our mailing deal with is: 

UMB Financial Services-Loan Collections
601 W. Lombard St., Suite 206
Baltimore, MD 21201
Fax: 410-706-7429

The University makes use of a billing agent, ECSI, to generate month-to-month billing statements to our debtors. Through the ECSI web site at http://www.heartlandecsi.com/ you can view your UMB student loan account, replace deal with and cellphone data, confirm account balances, receive loan payoff quantities, entry deferment varieties, join digital billing, and make your funds. As all the time, please contact the University immediately, on the numbers above, with any questions or particular issues concerning your account.


EXIT INTERVIEWS FOR GRADUATING STUDENTS

  • For Subsidized, Unsubsidized, and Graduate Plus Student loan exit interviews, please contact Student Financial Assistance and Education at 410-706-7347, or [email protected]
  • For UMB Perkins, Health Professions, Nursing, Nurse Faculty, Primary Care, and University Private loans, please discuss with the next data:
    • If you’ll both be graduating or you aren’t registered for the required minimal credit for the present semester, you’ll quickly go into compensation in your loan and should full an exit interview.
    • It is a requirement for all students who’ve borrowed Federal Loans to finish this exit-counseling requirement. Exit interviews present a whole rationalization of compensation, deferment, and cancellation privileges that pertain to your specific student loan.
    • To full an internet exit interview to your UMB loan, please entry ECSI’s web site at https://borrower.ecsi.net/

    If you could have any questions concerning your UMB loans or the exit interview course of, please be at liberty to contact UMB Student Loan Collections at 410-706-6574 or ECSI at 1-888-549-3274; https://heartland.ecsi.net/index.main.html#/contactus.


FREQUENTLY REQUESTED INFORMATION

University of Maryland, Baltimore
Student Financial Assistance and Education
410-706-7347

Email your inquiries to:
[email protected]

ECSI

 

Where are my student loans?

National Student Loan Database System (NSLDS)
For Title IV loan data:
Website: https://nslds.ed.gov/npas/index.htm

Please notice! NSLDS doesn’t replicate loan data for Health Professions, Primary Care, Federal Nursing Loans, or any privately funded academic loans.

Free credit experiences can be found by means of:

The Central Source www.annualcreditreport.com
1-877-322-8228

U.S. Department of Education-Borrower Assistance
1-800-433-3243
Website: www.ed.gov

Department of the Ombudsman
1-877-557-2575
Website: https://studentaid.ed.gov/sa/repay-loans/disputes/prepare/contact-ombudsman

Health Resources and Services Administration/Division of Student Assistance
Website: https://bhw.hrsa.gov/loansscholarships/schoolbasedloans

Loan compensation data: 1-877-464-4772

Maryland State Scholarship Board

Janet L. Hoffman
Loan Assistance Repayment Program

Phone:410-260-4569
Website: www.mhec.state.md.us
Email: [email protected]