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Perkins Loan Page

What is a Perkins Loan?

The Perkins Loan program is a campus-based, federally funded loan program. Universities receive a set number of dollars each academic year, which the college itself distributes based upon the financial needs of its students. Perkins Loans are intended for students with a very high financial need, as defined by the individual.


A Perkins loan is a low interest 5 percent loan available to undergraduate and graduate students.  Eligible undergraduate students may borrow up to $4,000 per year; graduate students may borrow up to $6,000 per year.  Students may borrow a total of $20,000 during their undergraduate studies.  Graduates may borrow up to $40,000, including any amount borrowed as an undergraduate. 


Interest and principal payments are deferred while students remain enrolled at least half time.  Perkins Loan borrowers begin repayment nine months after they stop attending at least half time in a degree or certificate granting program.


Additional information about the Federal Perkins Loan can be obtained from The Student Guide, Perkins Brochure, or the  Accounting Services.


How do I Accept a Perkins Loan?

First you must be awarded a Perkins Loan by the Financial Aid Office.  If your Award Notification includes a Perkins Loan, contact your Perkins Loan Counselor at the phone number designated below or in the Joyal Administration Building, Room #156

Loans not accepted within 30 days of the date of award, or the beginning of the semester whichever is latest, may be cancelled.  Perkins awards that exceed aggregate limits will be cancelled.  

Alpha Division
Counselor
Telephone
Email
A-LE Catalina Reyna-Navarro 278-4053 catalina@csufresno.edu
LI-Z Melissa Waite 278-4168 mmaxwell@csufresno.edu