Repaying your Student Loans


Repayment is required according to the terms and conditions of your promissory "note/s". You must start repayment after the grace period ends. 

The grace period begins when you: 

The length of the grace period depends on the loan program: 


Is there a prepayment penalty if I choose to pay my Campus-Based Loan(s) early? 

  • You can prepay all or part of your loan(s) at any time without penalty. 
  • You may be eligible to defer repayment if you go to another institution of higher education. Contact Student Financial Solutions or the University's Billing Agent, Heartland ECSI, (888) 549-3274. 

As a borrower, at any time you have the choice, without penalty, to prepay all or any part of the principal, plus the accrued interest thereon. 

The amount you repay in the academic year, in which the loan originated, will be used to reduce the amount of the loan and will not be considered a prepayment. If you repay more than the amount due for any repayment period, the excess will be used to prepay the principal unless you designate it as an advance payment of the next regular installment for your Campus-Based Loan(s). 

If you still have questions or need additional assistance, please submit a ticket