Frequently asked questions

 

• What is a Federal Perkins Loan?
• How do I obtain deferments/ forbearance?
• I want to attend another school, how should I handle my Perkins Loan?
• Where do I send my payments if I do not receive a bill?
• How much will my monthly payment be?
• When will I begin paying my loan?
• What is a grace period?
• What is an exit information session?
• What is the difference between a Perkins Loan and a Stafford Loan?
• What is ACS?
• Will my loan transfer to another college?
• Who do I inform if my name, address, SSN, or phone number changes?
• What do I do if I drop below 6 credit hours or transfer to another school?
• Should I consolidate my Perkins Loan with my other loans?
• I forgot to mail my payment, how can I make my payment fast?