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Federal Perkins Loan Program, Federal Form
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People also ask
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How to tell if a student loan is private or federal?
Compare the loans listed on your studentaid.gov account with your credit report. Any loans that are listed on your studentaid.gov account are federal student loans. If any loans on your credit reports are not listed on your studentaid.gov account, they are probably private student loans.
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Is the Perkins Loan Program being discontinued?
End of program On September 30, 2017, the Federal Perkins Loan program failed to renew in Congress, thus effectively ending the loan program.
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Are Perkins loans federal or private?
Loans made through the Federal Perkins Loan Program, often called Perkins Loans, are low-interest federal student loans for undergraduate and graduate students with exceptional financial need.
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How do I know if my Perkins Loan is private or federal?
Request your free credit report. One sign that a loan is private is if you have a co-signer. Federal loans do not have co-signers. There are different types of federal loans (Direct, FFEL, Perkins, Stafford, PLUS, etc.).
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How do I know my loan type?
You can also look at the top of your monthly bill – the name of the program should be listed there. If your interest rate is above 8.5% you may have a private loan rather than a federal loan.
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How do I know if I have federal Perkins loans?
Log in to StudentAid.gov using your FSA ID (account username and password) and select "My Aid” under your name. My Aid displays information on all federal loan and grant amounts, outstanding balances, loan statuses, and disbursements.
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Is Federal Perkins Loan a federal loan?
Loans made through the Federal Perkins Loan Program, often called Perkins Loans, are low-interest federal student loans for undergraduate and graduate students with exceptional financial need.
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Are federal Perkins loans being forgiven?
Depending on the kind of public service job you have, you could see up to 100% of your Perkins loans forgiven after five years. You can apply for a percentage of your loan amount to be forgiven as early as your first completed year in a qualifying public service position.
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