Perkins Loan

financial aid types

About Federal Perkins Loan

Who gets this loan:

• Undergraduate and Graduate Students:
  eligible to both undergrad and graduate students with exceptional financial need. The availability of funds will be distributed by your college.

How do you apply for this loan?

1. Your school is the lender. Not all school participate in the Federal Perkins Loan program. So first check your school financial aid office
2. Complete the FAFSA form - see financial aid steps
3. Get with your college's financial aid office. They will have the information you need for this type of loan.

financial aid types

Loan Eligibility

• display a need for financial aid (except for unsubsidized Stafford and PLUS loans).
• complete high school and have been awarded a high school diploma or a General Education Development (GED) Certificate.
  
• pass a college entrance exam approved by the U.S. Department of Education, and/or meet other standards your state may establish.
• be enrolled or accepted for enrollment as a regular student working at least half-time toward a degree or certificate in an eligible program.
  
• be a U.S. citizen or eligible non-citizen.
• have a valid Social Security number
• make satisfactory academic progress.