A Perkins Loan is a low-interest federal loan, administered by FIT and awarded to students with exceptional financial need. Repayment begins nine months after graduation or withdrawal from college.
Borrowing Amount: Varies
Current Interest: 5.0%
Deferral: Principal and interest.
If you have been offered a Federal Perkins Loan, you must complete a Perkins Loan Entrance Interview
and sign and return a promissory note
to the Office of the Bursar.
You must begin to repay your loan nine (9) months after you graduate, leave school, or drop below half-time enrollment status.
Federal Perkins Loan Forms:
Change of Graduation Date
Federal Perkins Loan Promissory Notes
Request for Deferment