Federal perkins loan consolidating

In order to have your loan proceeds disburse to your student account this process must be completed.

This reduces the monthly payment for the first two years of the loan.

NOTE: Information about your loans will be reported to the National Student Loan Data System (NSLDS).

Information in NSLDS is accessible to schools and loan servicers for specific purposes as authorized by the department.

Schools may not make Perkins Loans to any student on or after October 1, 2017.

Repayment and forgiveness benefits for the Perkins Loan Program differ from those offered for other student loan programs like the Federal Direct Subsidized and Unsubsidized loans.


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