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2013-2014 Federal Work Study and Perkins Loan Application - bumc bu

2013-2014 Federal Work Study and Perkins Loan Application - bumc bu-2025

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The document is a Federal Funds Request Form for students applying for the Federal Perkins Loan or Federal Work-Study at Boston University. It outlines eligibility requirements, including the completion of a FAFSA, submission of tax returns, and full-time enrollment in a degree program. The Federal Perkins Loan offers a low-interest loan for students demonstrating need, while the Work-Study Program allows students to work part-time while studying. The form must be submitted by August 2, 2013.

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How many days after graduating from college leaving school must you start repaying Perkins loans?

Paying back your Perkins Loan: If you are attending school at least half-time, you have nine months after you graduate, leave school, or drop below half-time status before you must begin repayment.

How long after graduating do you have to start paying back loans?

The Grace Period For most federal student loan types, after you graduate, leave school, or drop below half-time enrollment, you have a six-month grace period (sometimes nine months for Perkins Loans) before you must begin making payments.

What information can you find on the federal student aid website?

NSLDS: National Student Loan Data System.

At what point do you begin to pay back your student loan?

You will start repaying the loan on completion of your studies. However, during your time of study, your surety will pay the monthly interest and fees. You will be given a grace period of up to six months on completion of your studies before you have to make full repayments towards your loan.

Where on the web can you find information about federal grants loans and work-study programs to help pay for postsecondary training and education?

Visit StudentAid.gov for complete information on receiving federal financial aid for college. The Federal Student Aid Information Center helps students complete the FAFSA and provides the public with free information about our programs.

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What is the grace period for Perkins Loans?

A borrower is only entitled to one initial grace period. Postdeferment grace perioda 6-month grace period that follows any subsequent period of deferment. A Perkins borrower is entitled to an initial grace period of 9 consecutive months after dropping below 1/2-time enrollment.

Do you have to pay back federal work-study loans?

The Federal Work-Study Program gives you an opportunity to gain valuable work experience while attending college, career school, or trade school. And unlike a federal student loan, you dont have to pay this money back.

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How many days after graduating from college leaving school must you start repaying Perkins loans?

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