Loan Repayment
Federal Direct Loans
Loan Servicers — Repayment
Exit Interview
Grace Period
6 months
Interest
Subsidized interest is being subsidized (paid) for you during your In-school and Grace Status
Unsubsidized interest accrues monthly on your loan during all statuses of the loan
Consolidation Eligibility
Yes. Complete an online application or call 1-800-557-7392.
Federal Perkins Loans
Loan Servicers — Repayment
ECSI
Rochester Institute of Technology
c/o Educational Computer Services-ECSI
P.O. Box 718
Wexford, PA 15090
Exit Interview
Online Exit Interview School Code (02)
Grace Period
9 months
Interest
Fixed interest rate will not change for the life of the loan Subsidized interest is being subsidized (paid) for you during your In-school and Grace Status
Consolidation Eligibility
Yes, but you may lose some cancellation/deferment privileges if you are employed or volunteer in certain organizations.
NYS Loan Forgiveness Program
The NYS Get on Your Feet Loan Forgiveness Program provides up to 24 months of federal student loan debt relief to recent NYS college graduates who are participating in a federal income-driven repayment plan whose payments are generally capped at 10 percent of their discretionary income.