The Perkins Loan is a federal loan program available to matriculated undergraduate and graduate students with financial need who are U.S. citizens or permanent residents carrying at least six credits per semester. Interest and principal repayment begins nine months after the student ceases to be enrolled at least half-time. The interest rate on the Perkins Loan is 5%, and repayment may extend up to ten years, depending on the amount borrowed. Including undergraduate Perkins Loans, students may borrow up to $40,000 for graduate study.
Administered by the Office of Student Financial Aid, and based on our limited amount of Perkins Loan funding, graduate students are not awarded Perkins Loans.
To apply, students must complete the Free Application for Federal Student Aid.
Administered by the Office of Student Financial Aid, and based on our limited amount of CWS funding, graduate students are not awarded CWS.
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