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Need-Based

Other

Types of Financial Aid

Federal Perkins Loan

Facts: Requirements:
  • Loan program (must be repaid)
  • Repayment begins nine months after the student graduates or ceases to be enrolled at least half-time.
  • Rate of interest is five percent.
  • Offers up to $4,000 for each year.
  • Funds are limited. (Apply early.)
  • See Student Loan Default Prevention Program.
A student must...
  • Demonstrate financial need.
  • Be enrolled at least 6 credit hours in an eligible program.  (If you are enrolled at least 6 credit hours per semester, you will receive the total amount of your loan awarded each semester.)
  • Make Satisfactory Academic Progress.  
  • Possess good credit rating.
  • NOT be default on loans.
  • Complete:
How To Apply
  • Apply to the College and be admitted to an eligible program of study.
  • Complete the FAFSA form.
  • If you are applying for the Fall 2013, Spring 2014, or Summer 2014, complete the 2013-14 FAFSA form.
  • Complete your Financial Aid file
  • Complete pre-loan entrance counseling online
  • Contact the loan counselor for appointment to complete required forms
  • If approved, complete promissory note in the Business Office