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PERKINS LOANS

In order to be eligible for the Federal Perkins Loan a student must complete the Free Application for Federal Student Aid (FAFSA). Once the FAFSA has been completed the JCU Office of Financial Aid (OFA) will mail an award letter to the student. If the financial aid award letter includes a Federal Perkins Loan, the student must complete the required Perkins Loan application each year, as well as a Master Promissory Note (MPN). In order for the Perkins Loan to credit each semester, students are required to sign for the loan during the Perkins Loan sign-up days. The Perkins Loan has a fixed interest rate of 5% and offers students a nine-month grace period in terms of repayment.

Perkins information cannot be faxed, as signatures must be original.

 

Perkins Forms

Perkins Application

Master Promissory Note

Master Promissory Note Addendum

 

 

 

John Carroll University, University Heights, OH 44118  |  (216) 397-4248  | (888) 335-6800 (toll-free)   |  (216) 397-3098 (fax)