Medical students often face specific challenges when planning for loan repayment. The Association of American Medical Colleges (AAMC) offers dynamic online repayment tools and resources to help borrowers navigate those challenges.
Stay on top of your accounts online. Visit https://heartland.ecsi.net/ to access your Institutional Loans and/or Perkins Loans. Be sure to update your contact info (especially email address). (School Code E7)
Post-Graduation Monthly To-Do List
Select a repayment plan for your Stafford/PLUS Loans. Decide whether you would like to consolidate and combine your Perkins or LDS Loans with your Stafford/PLUS Loans. Consolidation allows you to roll these into one new loan that you can repay using one of the income-driven repayment plans.
After November 15th, complete and submit a Deferment Application for your Brown Institutional Loans. Complete your portion of the form and forward it to your residency program director. The director will need to complete the bottom portion of this form and return it to the Loan Office for processing. New paperwork must be submitted each year.
Note: The Federal Perkins Loan program does not offer residency deferment. If you’ve borrowed a Perkins Loan, your repayment will begin in April.
The first payment is due on Stafford/PLUS Loans and must be sent to your federal loan servicer.
The first payment is due on January 1st for your Brown Institutional Loans and must be sent to the Loan Office, unless you have completed our residency deferment process above. Visit https://heartland.ecsi.net/ to review your loans and make payments online.
The first payment is due on April 1st for your Perkins Loans and must be sent to the Loan Office, unless you have completed our forbearance process above. Visit https://heartland.ecsi.net/ to review your loans and make payments online.
You must plan on reapplying if you wish to extend a deferment or forbearance. The deferments and forbearances are typically granted for 6 to 12 months at a time. (Ex: The Medical Loan offers 36 months of residency deferment. If your initial residency deferment is granted for 12 months, you will need to complete the entire deferment process again next October.)