Federal Perkins Loan for Undergraduate Students
Important: The Federal Perkins Loan program is expected to end on September 30, 2017. Funding will not be available beyond the 2017-18 school year.
This low-interest (5%) loan is made to undergraduate students with exceptional need, and that are registered for at least 6 credits.
The application for this type of loan is done by filling out and submitting the Free Application for Federal Student Aid (FAFSA), and basic eligibility requirements must be met, as determined by the federal government.
- Students must accept the Perkins loan within the timeline provided to avoid cancellation of the offer.
- First-time borrowers must also complete an online electronic Master Promissory Note (eMPN) to ensure credit on the bill, and timely disbursement of funds once classes begin. If unable to complete the online eMPN, all 4 pages of the signed, original paper form must be submitted to Financial Aid and Student Records for processing. Faxed or electronic forms will not be accepted.