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The UCM Office of Student Financial Services will bill you for each loan payment due . All monthly payments are due by the 15th of each month. Should you not receive a bill, please mail your payment (please include your Social Security number) by the 15th to: Student Financial Services-Perkins, Ward Edwards 1100, Warrensburg, MO 64093.
If you're unable make a payment on time, contact the Office of Student Financial Services prior to the payment due date. University of Central Missouri will cooperate with you as much as possible, but late payments can result in punitive action, which will have an effect on your credit rating and will be a reason for the University of Central Missouri to place a hold on your academic transcript and your enrollment for a future semester. Fees for each late payment may also be added to the total amount due.
Interest at 5% annually begins to accrue on the unpaid balance due of your Perkins Loan after completion of the 9-month grace period.