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Federal Loans

Federal Direct Stafford Student and Parent PLUS Loans

Westminster financial aid office determines loan eligibility using results from the FAFSA.

The Financial Aid office will mail new or Prospective students and communicate via email for current students' award letters, updates, and any other documentation requirements.

  • Subsidized Loans - the government pays the interest while you are in school
  • Unsubsidized Loans -the student is responsible for the interest, it accrues (gains) or can be paid while a student is attending college

Please refer to studentaid.gov for student loan rights and responsibilities and in depth information regarding Stafford Student Loans and Parent Plus Loans.

For current originations fees, interest rates, and repayment options for both Parent and Student Federal Stafford Loans please visit studentaid.gov

Federal PLUS Loan

Parents of dependent students are eligible to apply for the credit-based Federal Direct PLUS Loan. The loan amount varies, but the maximum parents may borrow is the cost of attendance minus the student's total financial aid. The fixed interest rate and interest begins accruing as soon as the loan is disbursed. Repayment begins within 60 days after the full disbursement of the loan. An Origination Fee will be deducted from the gross loan amount prior to disbursement to the College. In most cases, one disbursement will be made each semester. To apply for the PLUS Loan, follow the instructions enclosed with the award letter. The FAFSA is required to apply for the PLUS Loan.

To apply, please visit studentloans.gov.

Federal Subsidized and Unsubsidized Stafford Loan

First-time borrowers at Westminster College:

Repeat borrowers at Westminster College:

  • Complete Student Loan Data Sheet for Federal Direct Stafford Loan (MyWC)
  • Complete Federal Direct Stafford Loan Master Promissory - Only if you haven't completed the Direct Stafford Loan MPN previously

Federal Perkins Loan

Eligible students who have demonstrated exceptionally high financial need may receive up to $1,500 per year at Westminster College from this Federally funded loan program. No interest accrues while the student is enrolled at least half-time in college.

The current interest rate, which is applied after repayment begins, please refer to studentaid.gov for current interest rates. Repayment begins within nine months after the student ceases to be enrolled at least half-time. Students must complete the FAFSA by February 15 to be considered

Federal Perkins Loan - (If awarded this loan complete the steps listed below, available through your MyWC account)

  • Federal Perkins Loan Data Sheet
  • Federal Perkins Loan Master Promissory Note (MPN) and Entrance Loan Counseling

Westminster College’s Perkins Loan Servicer Contact information
Website: https://borrower.ecsi.net

Mailing Address:
Westminster College – MO
c/o ECSI
181 Montour Run Road
Coraopolis, PA 15108

Phone Number: 888-549-3274
Email: CService@ecsi.net

Federal Aid Programs

You may find a more complete description of the Federal aid programs at http://studentaid.ed.gov.

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