Graduate Perkins Loans
The Graduate Perkins Loan program provides low interest loans (currently 5%) to graduate students that can demonstrate financial need and are provided directly by the school through the Federal Perkins Loan program. Students need to complete the FAFSA application form and will be informed what loan programs they are approved for and the amount approved.
Graduate students can borrow up to $6,000 per year up to a maximum of $40,000 total including any Perkins loans that may have been taken out as an undergraduate student.
In addition to the low interest rate, the Graduate Perkins Loan does not have any origination fees.