There are two student loan programs in which the school/system administers the billing and collection. The Federal Perkins Loan Program is administered by the MnSCU Student Loan Service Center and the Bessie E. Campbell Emergency Loan Program is administered by SCSU Student Loan Service Center.
Both Student Loan Service Centers implement policies and procedures to ensure compliance with federal and state regulations. It is our objective to collect student loans in a fair and courteous manner, while providing efficient, high quality service to our individual borrowers.
For more information on each:
Request to Cancel and Return Loan Funds
Students and parents have the right to cancel loans made available through the Federal Perkins, the Federal Direct Loan Programs, the Minnesota SELF Loan Program, the Private Education Loan Program, and the Federal Teach Grant any time prior to disbursement or if the loan has already been disbursed within 14 days after notification.