Requirements & Responsibilities
 

Borrower:

1.       Notify Goldey-Beacom College Perkins Loan Repayment Department or ECSI of any CHANGES IN:

a.   NAME

b.   ADDRESS

c.   PHONE NUMBER

d.   SOCIAL SECURITY NUMBER

2.       Pay scheduled payments on time.

3.       Pay any reasonable collection and/or attorney fees.

Goldey-Beacom College:

      Federal Law requires the College to:

1.       report regularly all loans to the credit bureau.       

2.       contact borrowers during grace periods.

3.       send the borrowers notice of overdue payments.

4.       comply with all other regulations.