Loan Repayment Information

Federal regulations require lenders to conduct Exit Interviews with every student who is graduating or drops below half-time enrollment.  

An exit interview is a loan counseling session in which you are advised of your loan indebtedness, loan repayment schedules, rights and responsibilities.  Loan counseling may be conducted in person, through an audiovisual presentation, or through interactive electronic means.  

The Financial Aid Office at your school with contact you as to when, where and how to complete your exit interview.

Fulfillment of your repayment obligation is more than a legal agreement; it is also essential so that loan funds will be available to future generations of Harvard University students.

Loan programs serviced by Harvard University have a standard 10 year repayment plan. 

Loan payments to Harvard are due on the first day of every month following the expiration of any grace period. 

Some loans incur late fees and all loans will be charged an NSF of $25 for insufficient fund transactions for both check and electronic payments.

To make a loan payment through ECSI, visit https://borrower.ecsi.net/.

Please remember:  It is your responsibility to make timely monthly payments, even if you do not receive a bill.

You may prepay all or any part of your loan at any time without penalty.  Since interest accrues daily on the outstanding principal, prepayment will reduce the total interest you pay over the life of the loan.  This loan calculator can assist you in seeing how making extra payments will affect your pay off date.  Contact our office for an accurate pay off figure.

If you are having trouble making your loan payment, contact our office right away.  We may be able to help provide other options to help you manage your debt, avoid default and help protect your credit rating.  Harvard Student Loan Office:  1-800-343-5500 or 1-800-343-5501 (continental U.S.) or 617-495-1516 (MA)

Any disputes on the reporting of your Harvard account to a credit bureau must be in writing.  Please include a copy of the credit bureau detailing the derogatory information with your written request. The paperwork should be sent to:

Harvard University Student Loan Collection Department
Attn:  Credit Dispute
1033 Massachusetts Avenue, 2nd Floor
Cambridge, MA  02138.