News...
COVID-19
- Due to the recent University guidelines, the Loan Office is temporarily working from an off-site location. For immediate assistance, please send a detailed email to [email protected]. Be sure to include your student's Banner ID or Loan ID and full name. Please do not mail any forms to our office, instead please send by email to [email protected].
- As you may be aware, the U.S. Department of Education Office of Federal Student Aid has recently released information about the CARES Act (the federal Coronavirus Aid, Relief, and Economic Security Act), which was signed into law in March 2020. The CARES Act provides relief to borrowers with federally held loans. It also allows Brown and other schools that hold Federal Perkins Loans to implement similar relief opportunities for federal student loan borrowers.
- The University is committed to assisting our borrowers by implementing relief measures that are available to Brown borrowers. The assessment of late fees for past due loans has been stopped through September 30, 2020. Additionally, for borrowers who request repayment relief due to COVID-19, a 3-month forbearance on loans to temporarily postpone repayment will be provided. For Federal Perkins Loans borrowers, we encourage you to consolidate your federal loans in order to take full advantage of other repayment relief options available to borrowers under the CARES Act. These measures are offered in addition to existing deferment options available through each loan program.
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Leaving Brown? All loan borrowers must complete online loan exit counseling.
Undergraduate students: Learn more about the Brown Promise
Living @ Brown: Financial Considerations
Repay Perkins or institutional loans: online at heartland.ecsi.net. Use our Cheat Sheet to register.
Refunds: If you have a student account credit balance, consider reducing your loans. Email [email protected]
1098E tax forms: Interest paid on Perkins & institutional loans will be reported on January loan billing statements.
The Wavemaker Fellowship program is designed to keep talented STEM and Design workers here in Rhode Island by helping to offset the burden of student loan debt. The program provides an annual refundable tax credit and professional networking.
We email important information to students' Brown email accounts.
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Before You Borrow
Leaving Brown
| Leaving Brown & Loan Exit Counseling - Graduating or Taking a Leave |