Financing Education from ECSI Moneylender
What is ECSI?
ECSI or Educational Computer Systems Inc. is an industry leader that provides various kinds of student loan to bear the necessary expenses of the students. John W. Lynch is the present President and CEO of ECSI.
What are the different loans offered?
The different kinds of loans offered by ECSI moneylender are: Federal Student Loan and Private student Loan. The Federal Student Loan is approved by the US government and is broadly classified into Stafford loan, Graduate Plus loan and Parent Plus loan. Both federal and private student loans offered by ECSI covers all the necessary expenses of your education like tuition fees, living expenses, purchase of books, laptops etc.
What are the main features of the loan offered by ECSI?
The main features of loan offered by ECSI moneylender are:
- You can avail the loan at the maximum your total cost of attendance
- The repayment period is 15-20 years depending upon which loan program you choose
- Some loan programme would require you good credit scores while some don’t require credit check
- The repayment period begins after 6 months of course completion
- You can lower down the interest rate by applying with a creditworthy cosigner
- The rate of interest can be lowered down by 0.50% on regular monthly payment
What are the benefits of availing student loan from ECSI?
The benefits of availing student loan from ECSI can be summarized under the following headings:
- The loan procedure is very fast and speedy
- The loan amount is transferred to your account within 3-5 days
- There is no penalty for pre payment
- Minimum paperwork is required
- The rate of interest is not very high
- The repayment options are very easy and affordable
- The interest rate can be paid either on monthly basis or when the repayment period commences
- There is no need to put any valuables as security
- Your information is secured and Citibank is a name that you can trust for getting student loan
How can one apply for the student loan?
Applying for the student loan from ECSI moneylender is not at all difficult. If you are going for the federal loan, you would have to fill the online FAFSA or Free Application for Federal Student Aid. If you are applying for the private student loan, then you would have to fill the online application for ECSI Private Student Loan.
What are the eligibility criteria and documents required to procure student loan from ECSI?
In order to avail the loan, you need to be a citizen of US and your age should not be below 18 years. The college or school must be a certified one from the department of education. The necessary documents required to send along with your loan application form are: age proof, residential proof, identity proof and details about your current savings bank account to transfer the loan amount.
Financial Institutions
- Nelnet
- Panhandle Plains
- Regions Bank
- Sallie Mae
- SLFC (Student Loan Finance Corporation)
- Suntrust
- US Bank
- Wells Fargo
- Xpress
- Zions Bank