How to Apply for Financial Aid
Perkins Loans are awarded as part of a package of Federal, State or other financial aid offered to applicants requesting financial assistance to attend the university. Awards are based on the applicant's need and the availability of loan funds. Applicants cannot "apply" specifically for a Perkins Loan. For complete information concerning applications for financial assistance and awarding, please contact the Student Financial Aid and Scholarships.
Once awarded a Perkins Loan for a specific academic year, first time Perkins Loans borrowers will receive letters from Educational Computer Systems, Incorporated (ECSI) with instructions regarding signing the Master Promissory Note electronically and completing entrance counseling on-line. ECSI is a billing service provider for the university. To begin receiving the loan funds one must sign and complete the on-line process on the ECSI website. The proceeds of the loan are disbursed on a term-by-term basis, and applied to the Student Billing Account, along with any other student aid disbursements (such as Federal Direct Loans, Pell Grants, Supplemental Grants, Oregon Need Grants or any other grants or scholarships). For each subsequent year that a student's Financial Aid award includes Perkins Loan funds, the student will receive statements indicating the amounts awarded.