Please note the Perkins Loan Program closed on October 1st 2017 and no further loans can be made under this program.
This loan has no origination fees and the interest rate is fixed at 5%. Repayment begins 9 months after the student graduates or is no longer enrolled at least half-time. In addition, the loan is subsidized, meaning the interest is paid by the federal government while the student is in school and during the 9 month grace period.
For any questions regarding loans you have previously borrowed under the Federal Perkins Loan Program please contact Michele Starr at 805-493-3518.