FINANCIAL AID

Loan/Scholarship Repayment Information

Loan/scholarships are awards that carry a repayment obligation. Money is loaned to students in certain high-demand majors, such as nursing and teaching. To receive the money, a student signs a contract with the state to fulfill a service obligation after degree completion. If the student completes the service obligation, the loan converts to an interest-free scholarship. If the student fails to complete the service or otherwise abrogates the contract, the loan becomes due with interest.

ECSI Services Mississippi Loan/Scholarships

ECSI is a thirdy-party vendor that services all of the state's loan/scholarship programs. Students who receive money from Mississippi through any loan/scholarship program will receive informatin from ECSI regarding repyment once the student separates (graduates or stops out) from the program of study.

You may now access your account online or call ECSI Customer Service to make payments, file deferment/cancellation forms, set up automatic payments, etc. When calling or accessing your account online, you will need the following information:

MIHL School Code: 8T
Account Number: Your Social Security Number
PIN: Your assigned PIN

Please feel free to contact ECSI about your account at:

Website and Live Chat: www.ecsi.net
Email: webcservice@ecsi.net
Phone: (888) 549-ECSI or (888) 549-3274
Fax: (866) 291-5384
Mail: Mississippi Institutions of Higher Learning (MIHL)
        c/o ECSI
        181 Montour Run Road
        Coraopolis, PA 15108

Grace

Students in most loan/scholarship programs receive a 12 month grace.

Residency Deferment

Students in the following programs may request a deferment for residency training:

State Dental Education - Residency in General Dentistry for 1 year
Graduate and Professional Degree Programs - Residency in Podiatry for 4 years; Residency in Chiropractic Medicine for 1 year
State Medical Education - Residency in Family Medicine, Internal Medicine, Obstetrics/Gynecology, or Pediatric Medicine for 4 years
SREB Regional Contract Program - Residency in Optometry for 1 year; Residency in Osteopathic Medicine for 4 years
Veterinary Medicine Minority Program - Residency in Veterinary Medicine for 4 years

At the beginning of each year of residency, a student borrower should submit a Residency Deferment Form:

Health Care Related Professions (Non-Nursing) Residency Deferment Form

At the conclusion of the grace period (if grace period is applicable), a student must either: 1) provide proof of employment to qualify for a service deferment or 2) begin making payments. Failure to do one of these two things may result in the student account going into collection status.

At the beginning of each year of employment, a student borrower should submit a Service Deferment Form:

At the end of the year of employment, the student should submit the Service Cancellation Form:

MPORTANT: The student must submit separate Service Deferment and Service Cancellation forms for each year of service required.

Other Allowable Deferments

Mississippi loan/scholarships are not federal loans. They do not carry all of the deferment options that some federal loans carry. Students should consult their contract for allowable reasons for deferment.

Update Contact Information Regularly

It is the responsibility of the student to update his/her contact information regularly with ECSI.

Contact ECSI

When calling or accessing your account online, you will need the following information:

MIHL School Code: 8T
Account Number: Your Social Security Number
PIN: Your assigned PIN