Loan Rehabilitation Program
Perkins loan borrowers are eligible for a one-time Loan Rehabilitation Program if their loan has fallen into default. This program allows students to enter into a 9-month repayment arrangement. Upon successful completion of 9 consecutive on-time monthly payments, all negative credit reporting is removed and the loan is no longer considered delinquent. After 6 months of payments, borrowers are eligible to have their past-due hold removed with GW. The Loan Rehabilitation plan can be set up with the collection agency currently in possession of the loan. The Loan Rehabilitation Program is available to borrowers one time over the life of the Perkins loan.
If your loan is currently in collections, please contact General Revenue Corporation at 1-888-710-6817 or visit their website at www.generalrevenue.com.
Exit Loan Counseling
- Borrower's rights and responsibilities
- Loan repayment
- Consequences of default
If you are already a Perkins loan recipient and have questions regarding your loan, please contact ECSI at 1-888-549-3274.
Locate your Federal Loans here -
45155 Research Place
Ashburn, VA 20147