Financing Your Education - Federal Perkins Loans
by:
Michael SaundersThe Federal Perkins Loan Program helps those undergraduate postsecondary students that cannot afford their educational expenses without financial assistance with a low interest loan. The loan is in place to help them meet their educational expenses to the completion of a postsecondary degree.
While the Federal Perkins Loan Program is overseen by the Department of Education, the student will contact their institute of choice that they are attending or plan to attend. In order to be eligible students must be enrolled in eligible schools that may be public or private nonprofit institutions of higher education.
Students are required to sign a statement of educational purpose, a statement of registration compliance, are not allowed to owe a refund on another a Title IV grant, and cannot currently have a Title IV loan that is defaulted and cannot already have a bachelors degree. The student must file a Free Application for Federal Student Aid.
(continued...)
Financing Your Education - Federal Perkins Loans
Page 2
About The Author
The author edits a site featuring Educational Grants and another Government Grants site providing info on every grant the federal government offers.
Michael Saunders has an MBA from the Stanford Graduate School of Business. |
Additional Resources
category - Education Grants
American Schools and Hospitals Abroad ProgramMuch of the international aid provided by the United States government goes to support education and healthcare efforts around the world. Many of these programs are design to encourage the spread of American values to other countries.
Improving Higher Education Quality Program in VietnamThe United States Agency for International Development Headquarters in Bangkok has recently established the Improving Higher Education Quality Program in Vietnam.
What is the Difference between Getting a Federal Student Loan and a Private Student Loan?Student loans can be very tricky, and are very confusing to most. In many situations, families are accepted for all different kind of loans and then are left in the dark when it is time to pay it back or fail to realize that they owe as much due to accrued interest.
Are You Eligible To Receive A Federal Student Aid?The Department of Education offers several types of educational financial assistance such as grants, federal loans, and work-study programs. It is very much essential for student to determine which type of assistance will best suit his/her financial needs.