A low Interest loan available to students with financial need; interest does not accrue while in school. Upon graduation Perkins loans can be partially cancelled at the end of each year of employment for Nursing and/or Health Professions of study students if you are working within the nursing and/or health professions field. KUMC is the lender of this loan.
Deadline:Priority deadline of March 1st
Application: Must have completed the Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov
Interest Rate: 5% Fixed
Does it have to be repaid? Yes
If yes, when? 9 months after graduation
Award Maximum: Varies $1500-$3000
Need based: Yes
Enrollment: Must be enrolled at least half-time or loan will enter grace period and repayment schedule will begin. For specific information on undergraduate and graduate enrollment please read KUMC's Enrollment Information.
Students receiving the Federal Perkins Loan must have exceptional financial need based on the student's expected financial contribution. For more information, contact the Department of Student Financial Aid, (913) 588-5170 or email email@example.com.