slsc.ndus.eduStudent Loan Service Center, NDUS

| North Dakota University System Access. Innovation. Excellence. Colleges & Universities Academics & Activities State Board of Higher Education North Dakota University System NDUS News Reports & InformationStudent Loan Service Center Home Credit Bureau Forms Loan Cancellation Information Loan Deferments Payment Information Privacy Policy Resource Links The Lending Process Contact Us NDUS Home / IMPORTANT NOTICE REGARDING DEPARTMENT OF EDUCATION STUDENT DEBT CANCELLATION. On August 24, 2022, the Department of Education announced a targeted student debt cancellation to borrowers with loans held by the Department of Education. The targeted student debt cancellation does not apply to campus-based Perkins Loans, Nursing Student Loans, or any other loans that are currently owned/managed by the school as these are not federally held loans. Specific details about the process have not been released yet. We suggest that all borrowers access the Federal Student Aid website at StudentAid.gov/debtrelief for the most up-to-date information. The North Dakota University System Student Loan Service Center (SLSC) The NDUS Student Loan Service Center (SLSC) provides loan servicing for Perkins, Nursing and other institutional loans issued and owned by the eleven state colleges and universities in the North Dakota University System. These schools include: Bismarck State College Lake Region State College Dakota College at Bottineau Williston State College North Dakota State College of Science Dickinson State University Mayville State University Minot State University Valley City State University North Dakota State University The University of North Dakota Servicing activites include, among other tasks, monitoring borrower status, processing deferment and cancellation request forms, providing billing and communications, processing payments and responding to borrower inqiries. The SLSC uses a company called ECSI to assist with processing statments and notices, collecting payments, processing forms and providing basic customer service. ECSI also provides a borrower web portal that can be used to review loan information, set up recurring ACH payments and make payments online . New users on the ECSI borrower portal can review the Truth in Lending Statement for login information or contact ECSI for assistance. The Lending Process webpage provides a more complete outline of the financial aid process from start to finish. Borrower’s Rights To repay all or part of your loan(s) before the maturity date without penalty. To a grace period after graduation or discontinuing enrollment as outlined in the loan promissory note. During the grace period payments are not required. For Perkins and Nursing loans interest does not accrue. Interest may accrue during the grace period on some other types of institutional loans, please refer to your promissory note. Repayment of the loan does not begin until the grace period has expired. To request a copy of your promissory note(s) at any time. To make a request email the SLSC at ndus.slsc@ndus.edu The SLSC services many types of loans, some have very different terms and obligations which are described in detail in the loan promissory note. To Cancellation and Deferment benefits as outlined in the loan promissory note and pursuant to applicable federal and state laws and regulations. Borrower’s Responsibilities Review your Promissory Note(s) to ensure you understand your financial rights and responsibilities. Make on time payments . Payments are due the 1st of every month regardless of whether or not you receive a billing statement. Late fees are assessed on accounts if the payment is not received by the 10th of the month. ECSI will mail or email, if you choose online billing, your first billing statement 15 days prior to your first payment due date. Notify ECSI or the Student Loan Service Center if payment cannot be made by the due date. Notify ECSI or the Student Loan Service Center if there is any change of personal information such as, name, address, phone or email. File appropriate forms, such as for deferment or cancellation , in a timely manner. When requesting a deferment, forbearance, cancellation or demographic information change you are responsible for providing all required documentation requested by the SLSC or ECSI in a timely fashion. Understand the consequences for Default - failing to remit payments on time. Bismarck State College Dakota College at Bottineau Dickinson State University Lake Region State College Mayville State University Minot State University North Dakota State College of Science North Dakota State University University of North Dakota Valley City State University Williston State College Copyright NDUS Design by OdneyContact NDUS | Privacy Policy | Disclaimer | Accessibility | Security...