Federal Perkins Loans: Are there additional fees associated with a Perkins Loan?

There is no loan origination fee for taking out a Federal Perkins Loan; however, if you skip a payment, make a late payment, or make less than a full payment, you might have to pay a late charge. If your payments are not made as required, you may have to pay additional collection costs.

Click here for additional information pertaining to the Federal Perkins Loan program.

Note: Only students who were eligible for and received Perkins Loan funds in financial aid year 2014-2015 are eligible to receive Perkins Loans for financial aid year 2015-2016.