Federal Perkins Loan Program
Application is made by filing a Free Application for Federal Student Aid (FAFSA). Loans are available to matriculated students with exceptional need and who register for at least 6 credits/equated credits. Amounts that may be borrowed are $3,000 for each year of undergraduate study. Students' total undergraduate debt may not exceed $15,000. Repayment is at 5 percent interest and begins nine months after graduation or leaving school, and it may extend over a period of ten years. There are also certain cancelation provisions. For more information, visit www.lehman.edu/financial-aid/programs.php#perkins.
Last modified: 1/23/2014