Federal Perkins Loan

What is a Federal Perkins Loan?

The loan is a need-based, low-interest, fixed-rate loan. The loan is governed by federal regulations set by the Department of Education. This is a Title IV Program. Gustavus is the lender and administrator of this loan program. The loan must be repaid, the borrower may be allowed up to ten years or a minimum monthly payment of $40. There will be NO futher disbursements of the Perkins Loan as the government has ended this program.

Questions About My Loan?

Gustavus Adolphus College has contracted with Heartland ECSI as of July 1, 2020 to process Federal Perkins Loans. All questions about your Perkins Loan should be directed to ECSI at:

Important Contact Information:

888-549-3274 ECSI Customer Contact

866-291-5384 ECSI Fax


Mailing Addresses:

Borrower Payments:
Gustavus Adolphus College c/o ECSI
PO Box 718
Wexford, PA 15090-0718

Gustavus Adolphus College c/o ECSI
PO Box 1278
Wexford, PA 15090-1278

For more information you may contact the Financial Aid Office at phone (507) 933-7527 or perkins@gustavus.edu.