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Federal Perkins Loan Program

The Federal Perkins Loan Program is a Stipend sponsored by Federal Student Aid.

Award Information:

Amount of Stipend: Maximum: $5000
Application Deadline: 30-Jun
Requirements: Applicant must show financial need. FAFSA required.
Eligibility: College sophomore, College junior, College senior, Master's-level study, Doctoral-level study, Other postgraduate-level study

Sponsorship provided by:

Federal Student Aid
Federal Stafford Student Loan Program, P.O. Box 84
Washington, DC 20044
USA
Phone Number: 1 800 433 3243
http://www.ed.gov

You can find out more by contacting:


Loans

You should always thoroughly research the latest information on the stipend. A maximized likelihood of success comes from first understanding the qualifications and then determining if you qualify. At the outset be aware of the particular aims of the Federal Student Aid and their goals for the Federal Perkins Loan Program. After making sure you satisfy the prerequisites, verify that there is the possibility of being awarded the stipend. Upon determining that you have a decent shot of going on to be a recipient of the Federal Perkins Loan Program, then it is worth it to fill out an application.

One critical detail of working toward obtaining the stipend is filling out the application correctly. Applications can sometimes be time consuming and tiresome, but take the time to make sure that you fill out the application correctly and completely. Avoid mistakes that might make you lose out as the result of something that could have been avoided.

After filing, figure out the timeframe regarding when the Federal Perkins Loan Program distributes any funds in order to stay informed about if you can rely on the stipend to assist with any bills associated with your education and what assistance it will provide, as there may be restrictions on how you can use the Federal Perkins Loan Program. You might find it challenging to be able to manage the increasing costs of education, and being awarded the Federal Perkins Loan Program as a supplement to your own resources can provide significant support. If you don't end up getting the Federal Perkins Loan Program, continue looking, there are other stipends that you can hopefully get.

Last Updated: 12/18/2015

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