Print Form APPLYING FOR A FEDERAL PERKINS LOAN IMPORTANT NOTES: 1) YOU CAN APPLY FOR A FEDERAL PERKI 2025

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Repayment of the loan does not begin until you graduate or drop below half-time status. In cases of economic hardship, payments may be deferred, extended, or reduced. The loan is forgiven in case of permanent disability or death. You may be allowed up to 10 years to repay the Perkins Loan.
To apply for a Perkins loan, complete a Free Application for Federal Student Aid (FAFSA). By completing this application, youll also find out if youre eligible for other types of federal financial aid such as Stafford loans.
If you received a Perkins Loan, you might be eligible to have it forgiven as long as you work in certain public service fields, such as education or law enforcement, and apply for forgiveness through your school or student loan servicer.
The MPN is a legally binding contract you sign, agreeing to repay the loan money you have borrowed. The Perkins MPN describes your rights and responsibilities as a loan borrower. By signing the MPN, you not only agree to repay the money you borrow, but you also agree to all the terms and conditions included in the MPN.
You may be eligible for up to 100% loan cancellation for five years of service if you are a full-time employee carrying out the educational part of a Head Start, pre-kindergarten, or child-care program providing services for high-risk children and families in a low-income community, or supervising the provision of such

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Important. The federal government ended the Perkins Loan Program for budgetary reasons and because of calls for a more streamlined federal student loan program.
You can identify your loan types by logging on to StudentAid.gov and selecting My Aid in the dropdown menu under your name. In the Loan Breakdown section, youll see a list of each loan you received. Youll also see loans you paid off or consolidated into a new loan.
Loans made through the Federal Perkins Loan Program, often called Perkins Loans, are low-interest federal student loans for undergraduate and graduate students with exceptional financial need.

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