Union College Loan information

There are a variety of Loan options available to students and families, both federal and private. Please refer to the Financial Aid Office's website for more information on the loan programs and application procedures for acquiring a loan from Union College.

Union College uses a third party vendor to service our loans. Heartland ECSI will be part of the loan process from Promissory Note, Exit interview upon completion at Union, to repayment of all Union College loans.

Contact information for ECSI:

Call: 1-(800) 437-6931
Website: www.heartlandecsi.com

Union is school B1

Grace Period: Nine months.
Grace Period Interest: No
Maximum Term: 120 months
Interest Rate: 5%
Deferments: Yes
Cancellation: Yes
Consolidation: Yes

Loan codes: 95001, 95002, 95101, 95201, 95401, 96501, 26101 (UC General, Swope, Ryder, Eppler, Schaffer, DASNY)

Interest Rate for Union loans is 8% with the following exceptions:

• 95002 Union Loan - Interest rate 6%
• 95901 Horwitz Loan - Interest Rate: 5%
• 95301 Nelson Loan - Interest Rate: 3%

Union College Loan Terms::

Grace Period: Six months
Grace Period Interest: No
Maximum Term: 180 months ( Union Loan 95002 has a maximum term of 120 months.)
Deferment: Yes
Cancellation: No
Consolidation: No

Grace Period: Six months
Grace Period Interest: No
Maximum Term: 180 months
Interest Rate: Currently 8%
Deferments: Yes
Cancellations: Yes
Consolidations: No