Federal Perkins

A Federal Perkins Loan is a low-interest (5%) loan for students with exceptional financial need. The school is your lender. The loan is made with government funds with a share contributed by the school. You must repay this loan to your school. Funds are limited.

Repayment begins 9 months after you graduate, leave school, or drop below half-time status. Your monthly payment amount will depend on the size of your debt and the length of your repayment period.