The purpose of this office is to process collections, administer campus-based loans, retain promissory notes, coordinate billing, perform entrance and exit financial counseling and post graduate services (i.e. consolidations, deferments, forbearances, and cancellations) on all campus-based student loans (Health Profession Student Loans (HPSL), Loans for Disadvantaged Students (LDS) and Perkins Loans).

The Office of Loan Collection does not award, disburse financial aid or post funds to the student accounts.

Federal Perkins, Health Profession and Loans for Disadvantage Students Loans

These loans are low interest (5 percent) federal loans offered to eligible students with financial needs. These loans are campus-based, which means that the school administers the program. Therefore, Xavier University of Louisiana serves as the lender for these loans. For information regarding eligibility, contact the Office of Financial Aid at 504-520-7835.

Master Promissory Note Financial Counseling

Students who borrow under the Federal Perkins, Health Profession and Loans for Disadvantage Students loans program must sign their master promissory notes with the Office of Loan Collections before the funds are credited to their account. Contact the Office of Loan Collections at 504-520-5232 to make an appointment to complete your master promissory note financial counseling. Note: Online Master Promissory Notes Coming Soon!!!

Entrance Counseling
Perkins/HPSL/LDS

Xavier University students borrowing a Federal Perkins Loan, Health Profession Loan or a Loans for Disadvantage Students loan must complete an entrance interview prior to receiving their first disbursement. This includes first-year students, transfers (even if they have completed entrance counseling at another college), returning students borrowing their first loan, and borrowers returning from a leave of absence receiving new loans. Note: Online Entrance Interviews Coming Soon!!!

Exit Counseling
Perkins/HPSL/LDS

Xavier University students who have borrowed Federal Perkins, Health Profession and Loans for Disadvantaged Students loans who are graduating, taking a leave of absence, withdrawing or transferring from Xavier or enrolled at Xavier less than half time are required to complete loan exit counseling with the Office of Loan Collections. Note: Online Exit Interviews Coming Soon!!!

• CAMPUS BASED STUDENT LOAN INFORMATION
  • Federal Perkins Loan
  • Health Profession Loan
  • Loans for Disadvantage Student Loans
• ENTRANCE INTERVIEWS
  Perkins/HPSL/LDS
• EXIT INTERVIEWS
  Perkins/HPSL/LDS
• OFFICE OF STUDENT ACCOUNTS
• OFFICE OF STUDENT FINANCIAL AID

Contact Financial Aid at 504-520-7835 with any questions regarding Perkins Loan, Health Profession Loan and Loan for Disadvantage Student Loans eligibility, loan applications, loan status, an increase or decrease in loan award amounts, and funds posted or not posted to the student account.