The Student Loan Department in the Office of Student Financial Services is responsible for processing and collecting Perkins, Nursing, and Institutional Loans. We are happy to serve the needs of all current and former Boston College borrowers.
For information on applying for student loans and financial aid, visit the Financial Aid website.
July 1, 2009 Federal Stafford Interest Rates are Announced
Variable Stafford Loans which have not been consolidated will accrue at:
- 1.88% during the Grace period
- 2.48% during the Repayment period
All May 2009 graduates contemplating loan consolidation should apply to consolidation companies between July and November 2009 while still in the Grace period in order to maximize their benefit.
Loan Signing
Students who have been awarded the Perkins, Nursing, or Law loan for the first time or the Balfour, Peter Jay Sharp, or the Bank of America Loan this year, must complete entrance counseling and sign a promissory note. Visit http://www.ecsi.net/promx9/ for more information. The loan signing process will not be available until August 2009. Students will receive an email from the ECSI when it is time to sign their documents. Please be sure to allow ECSI into your email's trusted sites.
ECSI (Educational Computer Systems, Inc.), an industry leader for loan servicing, will be the servicing agent for Boston College loans. This includes Perkins, Nursing, Law, Sharp, and Bank of America loans. http://ecsi.net
New features available through ECSI:
- Sign promissory notes electronically
- Fill out online Exit Interview
- View and update your account through web access
- Make an E-payment
- Sign up for electronic draft (ACH) payments
You may now access your loan account through one of the following links:
Enrolled Students and Boston College Alumni:
http://portal.bc.edu
Former Students:
http://www.ecsi.net/bwr/borrower.html