Federal Perkins Loan

  • Need-based, must file FAFSA. Valpo’s Financial Aid Office selects recipients.
  • Annual limit: $5,500 for undergraduates, $8,000 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%.
  • More info