Federal Perkins loan

Loan Program links Loan program homepage Loan Entrance Counseling Loan Exit Counseling Direct Loan Deferment Forms Perkins Loan Deferment Why file the FAFSA FAFSA Satisfactory Academic Progress

• Need-based, must file FAFSA. Valpo'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 Valpo 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