Federal Perkins Loan

GPTKB entity

Statements (22)
Predicate Object
gptkbp:instanceOf Student Loan
gptkbp:administeredBy gptkb:U.S._Department_of_Education
gptkbp:alsoKnownAs gptkb:Perkins_Loan
gptkbp:award no interest accrues while student is in school
gptkbp:country gptkb:United_States
gptkbp:createdBy gptkb:Higher_Education_Act_of_1965
gptkbp:discontinued 2017
gptkbp:eligibility demonstrated financial need
graduate students
undergraduate students
gptkbp:filingMethod 10 years
gptkbp:forgivenessOptions certain public service jobs
gptkbp:gracePeriod 9 months after graduation
https://www.w3.org/2000/01/rdf-schema#label Federal Perkins Loan
gptkbp:mainInterest 5%
gptkbp:maximumAnnualLoanAmount $5,500 for undergraduates
$8,000 for graduates
gptkbp:maximumTotalLoanAmount $27,500 for undergraduates
$60,000 for graduates
gptkbp:purpose help students pay for post-secondary education
gptkbp:bfsParent gptkb:Title_IV
gptkbp:bfsLayer 4