SCHOOL CODE:  001817

Federal Perkins Loans

This loan program is based on need and availability. Financial need is determined by completing the FAFSA and is required. The interest rate on these loans is 5% and repayment begins 9 months after the student leaves the university. Interest does not accrue while you are an enrolled student. A Master Promissory Note is required for the Perkins loan before disbursement. You will be sent an email directing you to a Web site to complete the Promissory Note through the Student Loan Administration.

At this session you will:

  1. Complete your Entrance Interview Questionnaire.
    • Review your student loan Rights & Responsibilities.
  2. Review and sign your student loan promissory note.
  3. Print your signed promissory note.
  4. Read counseling summary and links to other helpful websites.

Steps for Perkins Loan Borrowers after Leaving University