The Federal Perkins Loan used to be known as National Direct Student Loans (NDSL). This loan is the regarded as the best of the federally subsidized loans, and is given to students who are in high financial need. Currently, the interest rate is at a low 5%.
Perkins loans are made to students and do [...]
So you have finally got the degree, but were you surprised with what came along with it? A pile of debt and student loans that need to be paid back starting very shortly after college! Whether it is a Federal PLUS Loan or a loan obtained from your local bank, chances are that a college [...]
Federal Perkins Loan Overview: The US Department of Education gives a specified amount of money to each college or university. These colleges and university then give out the money in what is called a Perkins Loan.
Requirements: In order to receive the Federal Perkins loan, students must meet certain requirements. Some of these requirements are: being [...]