The maximum annual loan amount is $20,500. You may borrow a lesser amount if necessary.
You have the option to pay down your monthly fee. You will be mailed a monthly statement with the interest amount. Once you have a local address, please notify the KGI Financial Aid Office or your statements will be mailed to the international home address you entered on your promissory note.
You can pay your interest online to Heartland ECSI by creating an account. Please note: until you have a social security number you must contact Krisztal Rangel at The Claremont Colleges Services (TCCS) at 909.621.8271 to create your online account.
Yes, you can off your loan without a prepayment penalty.
Financial Hardship Deferment - You are permitted one deferment for financial hardship for no more than six months.
In-School Deferment - You may defer your principal payments while enrolled at least half-time at an institution of higher education. Any unpaid accrued interest is capitalized and added to the amount owed when any deferment ends and repayment begins.
The Student Loans Department in the Financial Services Department at The Claremont Colleges Services (TCCS) is the administrator for repayment of the KGI International Student Loan program.
Contact: studentloans@claremont.edu
Yes, we encourage students to apply for both loans in order to help cover their institutional and non-institutional costs associated with attending their chosen program.
Please visit our Private Loans for International Students link on our Funding Your Degree Page to view the different lender options available.
The lender will send the funds to Student Accounts, who in turn will verify with the Financial Aid Office to disburse the funds. Whether the funding is an electronic transfer or a physical check, the timeframe is contingent on the lender’s processing time.