Borrowed loans require repayment once you complete your education. Carefully consider your anticipated future annual income before making borrowing decisions. You can use the Loan Payment Calculator to estimate monthly payments. Our goal is for you to only borrow what you need to be successful.
Borrower rights and responsibilities are disclosed through completion of the federally required Entrance Loan Counseling (before loan funding is disbursed) and Exit Loan Counseling (when enrollment falls below half-time).
Federal loan exit counseling provides important information to prepare you to repay your federal student loans. If you have received a subsidized, unsubsidized or PLUS loan under the Direct Loan Program or the FFEL Program, you must complete exit counseling each time you: drop below half-time enrollment, graduate or leave school. You can complete federal loan exit counseling here.
Federal Loan Repayment
Information about loan limits, loan fees, and repayment plans can be found on the Federal Student Aid Website. All Federal student loans (Subsidized, Unsubsidized, and Graduate PLUS) begin repayment six months after the last term of enrollment, graduation, or if the student falls below half-time enrollment (4.5 hours per semester).
University Loan Repayment
Institutional Loans are repaid to ECSI. Additional information about repayment and interest rates can be found on the ECSI website.
|Loan Type ||Repayment Information
|UNC Loan ||Begins six months after your last term of enrollment or if your enrollment falls below half-time (whichever comes first).
|Institutional/Long Term University Loans ||Begins nine months after your last term of enrollment or if your enrollment falls below half-time (whichever comes first).
|Health Professions Loan and Loan for Disadvantaged Students (DDS and PharmD only)||Begins twelve months after your last term of enrollment or if your enrollment falls below half-time (whichever comes first).
Private Loan Repayment
Private student loans are non-federal; credit based student loans granted from a lender such as a bank, student loan company, or other private organization. Check directly with your private loan lender for repayment terms and conditions.