Federal Perkins Loan Program
About the Loan
The Federal Perkins Loan program has ended as of Sept. 30, 2017. No new Federal Perkins Loan Program funds will be awarded. (DCL GEN-16-05)
RepaymentRepayment begin 9 months after the student:
- Leaves the University or
- Drops below half-time enrollment.
- Minimum monthly payment is $40. You may prepay all or any of your loan at any time without penalty. Prepayment may reduce your interest costs.
- Loan Rehabilitation
- Federal Perkins Loan Forgiveness Program