Federal Perkins Loan Program

URI: https://gptkb.org/entity/Federal_Perkins_Loan_Program
GPTKB entity
Statements (27)
Predicate Object
gptkbp:instanceOf Student Loan
gptkbp:administeredBy gptkb:U.S._Department_of_Education
gptkbp:aggregateLoanLimitGraduate $60,000
gptkbp:aggregateLoanLimitUndergraduate $27,500
gptkbp:country gptkb:United_States
gptkbp:createdBy gptkb:Higher_Education_Act_of_1965
gptkbp:disbursementMethod through participating schools
gptkbp:discontinued 2017
gptkbp:eligibility graduate students
undergraduate students
gptkbp:filingMethod 10 years
gptkbp:fundedBy gptkb:government
participating schools
gptkbp:gracePeriod 9 months after graduation, leaving school, or dropping below half-time enrollment
https://www.w3.org/2000/01/rdf-schema#label Federal Perkins Loan Program
gptkbp:loanForgivenessAvailable yes
gptkbp:loanForgivenessFor teachers
public service employees
gptkbp:mainInterest 5%
gptkbp:maximumLoanAmountGraduate $8,000 per year
gptkbp:maximumLoanAmountUndergraduate $5,500 per year
gptkbp:purpose provide low-interest loans to students with exceptional financial need
gptkbp:repaymentStart after grace period
gptkbp:status no new loans after September 30, 2017
gptkbp:targetUser Student Loan
gptkbp:bfsParent gptkb:Office_of_Federal_Student_Aid
gptkbp:bfsLayer 5