Submenu The Federal Perkins Loan is a low-interest (5%) loan for both undergraduate and graduate students with financial need. The school is your lender and the loan is made with federal government funds. You must repay the loan to your school.
One of the campus-based programs; a long term, low interest loan program for both undergraduate and graduate students at a current interest rate of 5%. The standard repayment period for a Perkins loan is 10 years. There are also cancellation provisions based on certain specifically defined criteria, such as teaching and community service.
A low interest (5%) loan made directly to students from the school using federal funds. Based on need as determined from information supplied on the FAFSA.
A loan funded by the federal government and awarded by the school to students with proven financial need.
One of several loan types available to help students meet their financial needs for higher education. These loans are generally made to students with high financial need, and are awarded by the college. The interest rate is 5% and the grace period is 9 months.
a low-interest (five percent) loan for both undergraduate and graduate students with exceptional financial need
A 5% loan funded by the government but awarded by colleges to both undergraduate and graduate students.
A federal loan program administered by colleges and based on financial need. The fixed interest rate is 5%, and repayment begins nine months after graduation.
This loan, which lends money at a 5 percent interest rate, is offered on the basis of financial need. Loan maximums are $4,000 annually with an aggregate of $20,000 for undergraduate study. The loans are interest-free while the student remains enrolled in college. Repayment begins nine months after enrollment ceases with a minimum repayment of $40 per month and may be extended up to 10 years for larger aggregate loan amounts. In addition to having a low interest rate, a Perkins Loan also has cancellation provisions for certain types of teaching, military, law enforcement, Peace Corps and volunteer service.
A low-interest loan to help students pay for their education. These loans are for both undergraduate and graduate students with exceptional financial need, as determined by the school. For undergraduate students, priority is given to Federal Pell Grant recipients. Federal Perkins Loans are made through a college's financial aid office.
A low interest, long-term federally funded loan made through school financial aid offices to help needy undergraduate and graduate students pay for post-secondary education.
One of the campus-based programs; a long term, low interest loan program for both undergraduate and graduate students at a current interest rate of 5%. May also be called the Carl D. Perkins National Direct Student Loan Program.
A low interest loan for both undergrads and graduate students. These loans are made by the school using both Federal and college funding. Repayment is directly to the school.
Federal low interest loan (5% during repayment) and the school is the lender. The loan is interest free while your are enrolled in school. Loan maximum $4000.
Maximum loan amount is $4,000 p er year (determined by financial need). Repayment begins nine months after student status drops to less than half time, with up to ten years to pay. Current interest rate is 0% in school (subsidized by the Federal government) and 5% during repayment.
The Federal Perkins Loan is available to students who have demonstrated financial need according to Federal Methodology, as a result of information submitted on the FAFSA. The federal government pays the interest on this loan while the student is enrolled at least half time. The interest rate is fixed at 5%, and the loan will go into repayment 9 months after the student leaves school.
Formerly the National Direct Student Loan, a campus-based, low-interest student loan funded by a federal contribution and matched by institutional funds.
A Federal Perkins Loan is a student loan program of the United States Department of Education to assist in the funding of post-secondary education.