Federal Perkins Loan
•Need-based, must file FAFSA. VU's Financial Aid Office selects recipients.
•Annual limit: $4,000 for undergraduates, $6,000 for law/grad students.
•Funding is limited, preference to freshmen and sophomores with high need.
•Second preference to juniors, seniors, and law students.
•The amounts awarded by VU may be less than the maximum allowable amounts.
•Interest deferred while enrolled at least 1/2 time. Interest rate during repayment is 5%.

Loan repayment information