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Federal Perkins Loans

The Federal Perkins loan is a student loan where Providence College acts as the lender using a limited pool of funds provided by the Federal government. As of June 30, 2018, the Federal Perkins loan program is no longer lending out any new loans.

 

Exit Requirement Information for Withdrawn/Transferred and/or Graduating Students

 

If you were a recipient of a Federal Perkins loan while you attended Providence College, it is mandatory that you complete an online exit counseling session.

The online exit session for your Federal Perkins Loan can be found at:

www.myloancounseling.com

This website is through University Accounting Service (UAS), whom is partnered with Providence College for their administration services of the Federal Perkins loan.

Please note that the Federal Perkins Loans are in the student’s name and the exit requirement needs to be completed by the student with their information.

To complete this requirement, a username and password is needed.  Please read the information below to determine which criteria matches your situation.

  • If you received this loan prior to the 2015-2016 Academic year, you do not have a username and password assigned to your account. Please follow the steps labeled ‘Create Username and Password
  • If you received this loan after the 2015-2016 Academic year, you already have a username and password associated with your account. Please follow the steps below labeled ‘Accessing Existing Username and Password

Create Username and Password

  • Click on the grey box labeled ‘Continue’
  • On the next screen, click on the grey box labelled ‘Create Online Account’
  • Please enter in the requested information
    • Identification Number = Borrowing student’s social security number
    • Postal Code = Borrowing student’s zip code
    • Date of Birth = Borrowing student’s date of birth mm/dd/year
    • Driver License Number = Enter in driver’s license number or type in ‘none’
    • Email Address = Borrowing student’s PC email address
    • Username = Borrowing student needs to create with the criteria noted
    • Password = Borrowing student needs to create with the criteria noted
    • Verify Password = Re-enter borrower created password
    • Question = Borrowing student must select a security question
    • Answer = Borrowing student must enter answer to above security question
    • Verify Answer = Re-enter borrower created security answer

Access Existing Username and Password

  • Click on the grey box labeled ‘Continue’
  • On the next screen, click on the grey box labeled ‘Username and Password’
    • To obtain username, click on the link ‘I don’t know my username’
      • Enter in your Providence College email address or the personal email address you used to originally set up your account
      • Type in the security code shown
    • To obtain password, repeat steps above but select the link ‘I don’t know my password’
      • Enter your username you just obtained using above steps
      • Type in security code shown

After you have successfully logged in, follow the website steps to complete the exit requirement for the Federal Perkins loan.

If you need any assistance with the website, you may contact UAS at (800)999-6227

Once the Perkins Loan Exit requirement is complete, our office will automatically be notified that you have completed this requirement.

This website is through University Accounting Service (UAS), whom is partnered with Providence College for their administration services of the Federal Perkins loan.

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Repayment Information

 

IMPORTANT INFORMATION FOR PERKINS LOAN BORROWERS IN REPAYMENT

As of July 1 2018, our Federal Perkins Loan Servicer, University Accounting Service (UAS), updated their website from www.uasecho.com to www.uasconnect.com .  You will need to create a new account to sign in to the new website.  If you have any questions/issues with the new website, please contact the loan servicer directly at (800)999-6227.  Thank you.

 

Providence College is the lender for the Federal Perkins loan.  This loan enters repayment 9 months after graduation or 9 months after the borrower ceases to attend school at least half time.  The interset rate is fixed at 5%.  University Accounting Service (UAS) is the servicer for the Federal Perkins loan.  You can access your account online at www.uasconnect.com.  You can also access loan information and deferment forms online at www.uaservice.com​​