The Illinois Wesleyan University Loan is available to students with financial need determined by information reported on the Free Application for Federal Student Aid (FAFSA). The lender is Illinois Wesleyan University.

IWU Loan Information:

Interest Rate	Eligibility Requirements	Dates to Remember
8%	Student must be enrolled at least half-time Student must maintain Satisfactory Academic Progress	Complete your FAFSA application before February 1 Review and respond to your award proposal after February 1 for incoming students or after May 1 for returning students

 

Please note: IWU Loan documents need to be completed through Heartland ECSI. Please wait for an email from webmaster@ecsi.net and complete the required documents at that time. These documents will be available in the month of May.

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The following is required only if the IWU loan is awarded as part of your financial aid proposal.

The Illinois Wesleyan University Loan is considered a private loan. To ensure the processing of your IWU Loan, each year the following items are required and must be completed online:

1. Accept the Illinois Wesleyan University Loan - this can be done either online through your MyIWU account, or by returning a signed copy of your award notice to the Financial Aid Office.
2. Master Promissory Note - a document completed that serves as the application for the loan. 
3. Private Loan Approval Disclosure - a document that is viewed online, giving you in depth information on the loan awarded for the academic year.
4. Private Loan Self-Certification Form - a document completed online that certifies your enrollment and cost of attendance information.
5. Final Private Loan Disclosure - a document that is viewed online, giving you another look at the information on the loan awarded for the academic year with the option of canceling the loan.

Heartland ECSI Loan Servicer

IWU is using Heartland ECSI to service our Federal Nursing Loans and IWU Loans.

Heartland ECSI

heartland.ecsi.net
(888) 549-3274

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