The Federal Perkins Loan Program is a low-interest loan that is federally funded. Ohio University may be the loan provider utilizing funds through the federal federal government and/or payments gathered from previous borrowers. The attention price from the Perkins Loan is five (5) %, and payment begins nine months after having a learning pupil renders college, graduates, or drops to below half-time status.
The Federal Perkins Loan is split from any Federal Direct Loan you might have lent while at Ohio University. Ohio University could be the loan provider and collector for the Federal Perkins Loan.
Informative data on the payment and assortment of Stafford Loans, PLUS Loans and loans that are private be located by calling the school funding workplace.
Loan Servicer. It’s the borrower’s responsibility to upgrade their Federal Perkins Loan contact information with Ohio University’s loan servicer: