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Contact Information

Finance Office

 

Krikac Administration Building 202A

1200 S. Jay St.

Aberdeen, S.D. 57401

 

Phone: 605-626-2538

Fax: 605-626-3022

E-mail: Tammy Heilman

 

Hours:

Monday-Friday: 8 a.m. - 4:50 p.m.

 

 

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Finance Office
Consequences of Default
If a borrower fails to repay his/ her student loan on a timely basis, he/ she will be considered in default and may encounter the following consequences:
 
 
  • Reporting to national credit bureaus, which may cause a negative effect on the borrowers credit rating
  • Assessment of late charges
  • Restriction of access to institutional records
  • The borrower may be ineligible to receive additional federal or state financial aid
  • The entire unpaid balance of the loan, including interest, may become immediately due and payable
  • Placement of the loan with an attorney or collection service; costs associated with the collection of any loan will be added to the amount owed