​​

Loan Repayment

Loan Pay​​ments

After completing your doctoral program or withdrawing from the program you will have a one-year grace period before going into repayment. The grace period starts the day your degree is confirmed. Withdrawing from the program, failing to submit your required Enrollment Verification Form, or falling below full-time status can also place you into billing. Once the grace period ends, you will be put into billing through Heartland ECSI.

15-Year Payba​​​ck Plan Schedule

Download the 15-Year Payback Plan Schedule (.pdf) for your records. This is a typical payback plan for your reference. The faster you repay your loan, the less interest you will pay. The numbers may vary depending on individual account activity. Based on this plan, a minimum monthly payment of $237.24 is required to repay a $30,000 loan at 5% APR in 15 years.

​
​Year 1
​Year 2
​Year 3
​Year 4
​Year 5
​Year 6
​Year 7
​Year 8
​Balance
​30,000.00
​28,621.82
​27,173.13
​25,650.33
​24,049.61
​22,367.00
​20,598.30
​18,739.11
​Interest
​1,468.70
​1,398.19
​1,324.07
​1,246.16
​1,164.27
​1,078.18
​987.69
​892.57
​Balance
Paid
​​1,378.18
​1,448.69
​1,522.81
​1,600.72
​1,682.61
​1,768.70
​1,859.19
​1,954.31
​One Year Payment
​2,846.88
​2,846.88
​2,846.88
​2,846.88
​2,846.88
​2,846.88
​2,846.88
​2,846.88
​Monthly
Pay​ment​

​237.24
​237.24
​237.24
​237.24
​237.24
​237.24
​237.24
​237.24
​
​Year 9
​Year 10
​Year 11
​Year 12
​Year 13
​Year 14
​Year 15
​Year 16
​Balance
​16,784.80
​14,730.51
12,571.12
​10,301.24
7,915.24
​5,407.16
​2,770.77
​-0.511
​Interest
​792.59
​687.49
​577.01
​460.87
​338.80
​210.48
​75.60
​- 0.026
​Balance
Paid
​​2,054.29
​2,159.39
​2,269.87
​2,386.01
2,508.08
2,636.40
2,771.28
​0
​One Year Payment
2,846.88
2,846.88
​2,846.88​
​2,846.88
​2,846.88
​2,846.88
​2,846.88
0
​Monthly
Pay​ment​

​237.24
​237.24
​237.24
​237.24
​237.24
​237.24
​237.24
​0

It is important for fellows to keep the CDIP office updated with their contact information to prevent any delays or missed payments. Billing begins after the one-year grace period, except for Fellows who secure an instructional faculty position in the CSU and notify the program.

Loans are repaid to Heartland ECSI.  There are multiple ways to make payments including:

  1. Online: https://heartland.ecsi.net/  
  2. Mail payments to:

    CSU Chancellor's Office c/o ECSI,

    PO Box 718,

    Wexford, PA 15090-0718
  3. Pay by phone at: (888) 549-3274