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
What does it mean that Federal Student Aid is a PBO?A PBO is a Performance Based Organization representing an initiative that was created in order to help the government operate more effectively and efficiently. When people call Federal Student Aid a PBO, this means that they are committed to and hold the same standards of the Performance Based Organization.
Higher Education Challenge Grants ProgramThe National Institute of Food and Agriculture has recently constituted the Higher Education Challenge Grants Program in an attempt to boost and enhance the quality of formal, postsecondary-level agricultural sciences education.
Beyond Your Child's ClassroomWhat's been going on with America's students? America's students today suffer from a prevalent backward predisposition towards their own future success. Lulled into a false sense of security by their...
Types of Financial Assistance From The Department of EducationThe US Department of Education was initially created to encourage the promotion of student achievement and their preparation for global competitiveness by way of fostering academic excellence and ensuring equal access to quality education.