RIT
Student Financial Services

Loan Repayment

William D. Ford Federal Direct Student Loans

Loan Servicers-Repayment Federal Direct Loan Servicing Center
Borrowers Service Department
PO Box 5609
Greenville, TX 75403-5609
Direct Loan Payment Center
U.S. Department of Education
PO Box 530260
Atlanta, GA 30353-0260
Exit Interview On-line Exit Interview and complete listing of loans
Grace Period 6 months
Interest
Variable
interest rate is determined annually by the Treasury bill as of July 1 + 2.3%, not to exceed 8.25%
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 Educational Computer Services-ECSI
Rochester Institute of Technology
c/o Educational Computer Services-ECSI
181 Montour Run Road
Coraopolis, PA 15108-9408
Exit Interview On-line 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.