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Your FAFSA information will help the colleges you’re applying to determine whether you’re eligible for financial aid, how much you’re eligible to receive, and what kind.
Eligibility for a Federal Perkins Loan is dependent on the following factors: To receive a Federal Perkins Loan, you must demonstrate exceptional financial need to fund your college education.
Federal Perkins Loans (“Perkins Loans” for short) are loans given through the Federal Perkins Loan Program.Sign the The promissory note is the agreement you sign to receive your Federal Perkins Loan.It will include the terms of your loan and repayment schedule.Borrowers must be officially enrolled in a program at a college or university that participates in the Federal Perkins Loan Program.
Borrowers must maintain satisfactory academic performance during their school’s probationary period.If you receive a Perkins Loan, your school will apply it to your tuition and other fees and charges.