Financing Your Education - Federal Perkins Loans

by: Michael Saunders
The Federal Perkins Loan Program helps those undergraduate postsecondary students that cannot afford their educational expenses without financial assistance with a low interest loan. The loan is in place to help them meet their educational expenses to the completion of a postsecondary degree.

While the Federal Perkins Loan Program is overseen by the Department of Education, the student will contact their institute of choice that they are attending or plan to attend. In order to be eligible students must be enrolled in eligible schools that may be public or private nonprofit institutions of higher education.

Students are required to sign a statement of educational purpose, a statement of registration compliance, are not allowed to owe a refund on another a Title IV grant, and cannot currently have a Title IV loan that is defaulted and cannot already have a bachelors degree. The student must file a Free Application for Federal Student Aid.
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Financing Your Education - Federal Perkins Loans
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About The Author The author edits a site featuring Educational Grants and another Government Grants site providing info on every grant the federal government offers. Michael Saunders has an MBA from the Stanford Graduate School of Business.

Additional Resources

category - Education Grants

What Are Title IV Programs and How Can They Help You Pay for College
The Title IV programs help college students save money and protects their rights, is a service provided by the government that is responsible for higher education to help prepare undergrads for the real job market after they graduate.

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Financing Your Education with Federal Supplemental Educational Opportunity Grants
Federal Supplemental Educational Opportunity Grants assist those undergraduate students enrolled in a postsecondary education that cannot afford their educational expenses without financial assistance. The grant is in place to help them meet their educational expenses to the successful completion of a postsecondary degree.

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SMART Grants - Educational Grants for the Student of Math, Science and Languages
National Science and Mathematics Access to Retain Talent (SMART) Grants assist those undergraduate postsecondary students that major in foreign languages or certain designated technical fields. Financial grant assistance is provided on need-basis to help these students meet their educational expenses.

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Education Grants for Students Interested in Teaching Careers
Teacher Education Assistance for College and Higher Education Grants (TEACH Grants) assist those undergraduate and graduate postsecondary students that agree to teach specific and specific subjects that are in high need at schools that primarily serve disadvantaged populations.

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