Financing Your Education - Federal Perkins Loans

by: Michael Saunders
The 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.
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Financing Your Education - Federal Perkins Loans
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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's this I Hear About a Free Application for Federal Student Aid?
Are you struggling to get through school financially but not sure where to turn next? Have you exhausted loan options but are sick of paying large fees just to apply for the loan and being turned down anyway at the end? You will be glad to find out that that there are cost-free Federal Student Aid applications available to you.

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National Institutes of Health: Expanding the Encyclopedia of DNA Elements in Human and Model Organisms
The National Institutes of Health, in cooperation with the National Human Genome Research Institute, has established a funding opportunity to support the Expanding the Encyclopedia of DNA Elements in Human and Model Organisms project.

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What Are Title IV Programs and How Can They Help You Pay for College
The Title IV programs help college students save money and protects their rights, is a service provided by the government that is responsible for higher education to help prepare undergrads for the real job market after they graduate.

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Financing Your Education - Work Study Opportunities
The Federal Work-Study Program assists those undergraduate postsecondary students that cannot afford their educational expenses without financial assistance by providing them with part-time employment. Not only does the Federal Work-Study Program provide part-time employment, it also encourages these students to participate in community service activities.

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