The Perkins Loan program is a college-administered program which uses combined funds from the federal government and the College. Perkins loans are intended to complement the federal Stafford Loan and not serve as a replacement. The Perkins Loan program is designed for students who demonstrate a high level of financial need. The interest rate is fixed at 5% and the student is not responsible for interest that accrues while enrolled at least half-time (6 credit hours or more) or during the nine month grace period. The grace period begins upon graduation or when a student drops below half-time enrollment.
Perkins Master Promissory Note
Students accepting the Perkins loan they have been awarded will receive an email with instructions and a link when the Master Promissory Note is available to sign.