Perkins loans are awarded on a need-basis, based on information received from student FAFSA forms. Funding for Perkins loans are provided by St. Ambrose and the Department of Education. St. Ambrose is the lending institution. We use University Accounting Services (UAS) as our loan servicer. As students repay their loans more students can receive loans to help fund their education. Perkins loans have cancellation and deferment benefits not available to borrowers of other types of aid. More information can be found at http://www.ecsi.net.
Perkins loan recipients must complete a Master Promissory Note (pdf), disclosure statement, and an online entrance counseling process the first time they receive such a loan from St. Ambrose.
Click here to download the Master Promissory Note and disclosure statement (pdf). The form also can be completed with one of the cashiers in Student Account Services.
You will need the following items to complete the online process:
Before a student graduates, or when they leave the institution, they must complete an exit interview. Federal regulations require students to complete this before they receive their diploma. Complete the exit interview online at https://borrower.ecsi.net/. Student Account Services can answer any questions you have about this procedure. This is a Verisign secure site, so your privacy is protected. If you have any questions please read their security and privacy information.