Federal Perkins Loans

Perkins Loans are part of a federal program administered by Huntingdon College that provides loans of up to $4,000 to students who demonstrate high financial need. The size of the loan is based on the student’s demonstrated need and the other components of the financial aid package. Repayment of the Perkins Loan must begin nine months after the borrower graduates or ceases to be at least a half-time student. Interest shall accrue from the beginning of the repayment period and shall be at the annual percentage rate of 5% on the unpaid balance, except that no interest shall accrue during any deferment period.

For Entrance and Exit Counseling, go to http://www.mappingyourfuture.org/oslc/.