Baylor Institutional and Federal Nursing Loans
Exit Interview
The Exit Interview is designed to inform borrowers of their rights and responsibilities for each loan. Upon leaving Baylor University, you will receive an email from ECSI asking you to complete your Exit Interview for your loan(s). This is a federal requirement, and all students must complete an Exit Interview for each loan payable to Baylor University.
Repayment
Baylor has partnered with ECSI (Education Computer Systems Incorporated) as a third-party loan servicer for billing, payment processing, and management of Baylor Institutional Loans and Nursing Loans.
For questions or further counseling about your loans, contact:
ECSI
Phone: (888) 549- 3274
If students become delinquent on the repayment of these loans, their accounts will be referred to one of our partnering collection agencies, where collection fees will apply, and credit reporting will begin. Accounts will remain with a collection agency indefinitely.
Collection Agency Contact Information
Williams & Fudge
Phone (800) 555-5772:
300 Chatham Ave
Rock Hill, SC 29730
National Credit Management
www.ncmpay.com
Phone (800) 526-3213:
PO Box 32900
St. Louis, MO 63132
General Revenue Corporation
https://www.generalrevenue.com/
Phone (800) 234-6258:
4660 Duke Drive,Suite 200
Manson, OH 45040-8466
Federal Tax Return Information
1098-E Form – Student Loan Interest Statement - reports the amount of interest you paid on student loans in a calendar year. Loan servicers send a 1098-E to anyone who pays at least $600 in student loan interest.
The IRS provides tax benefits for education. They can be used on tuition or loan interest or to maximize your college savings.
A list of Federal Student Aid servicers for the Direct Loan Program and for FFEL Program Loans purchased by the U.S. Department of Education is available on our Loan Servicer page.
For more information about student loan interest deduction, visit the IRS's Tax Benefits for Education: Information Center.
Responsibilities
- It is your responsibility to notify the Loan Collection Office if you change your name, address, Social Security number, or any other demographic information.
- You have the option to repay, interest free, all or part of your loan during any period in which repayment is not required. You may pay more than the required monthly amount in order to accelerate repayment without penalty, but please note you will be billed your next regularly scheduled payment.
- It is your responsibility to contact us prior to each due date if you cannot make any payment for any reason.
- It is your responsibility to send us certified proof that you are eligible for deferment or cancellation benefits according to your promissory note(s).
- You are responsible for all costs that Baylor University incurs in trying to collect your loan.
- All loan accounts payable to Baylor are reported to one or more National Credit Bureaus.
- You must complete an Exit Interview when you leave Baylor (graduate, transfer, withdraw, etc.).
Contact Information
Mailing Address:
Baylor University
Baylor One Stop
One Bear Place #97028
Waco, TX 76798-7028
Phone Number: (254)710-2311
Fax Number: (254)710-2114