The Perkins Loan is awarded to undergraduate and graduate students with exceptional financial need. This is a campus-based loan program with the school acting as the lender using a limited pool of funds provided by the federal government. The interest rate is 5% annually and there are no origination or guarantee fees. For more information on how to qualify and apply for a Perkins Loan, contact the Financial Aid Office.
After a student has been awarded a Perkins loan by the Financial Aid Office, the files are kept at the Finance and Collections' Office for account maintenance. Any student with a Perkins loan must keep the Finance and Collections' Office informed of the following:

It is a Federal regulation that all Perkins Loan awardees must complete an Exit Interview which details the repayment arrangements for the loan. This must be completed in the Finance and Collections' Office before leaving school or graduating.
Students not completing this interview will have a transcript hold placed on their student account and will not receive their diploma.

The Perkins Loan allows a nine month grace period from the date that a student leaves school (or graduates) before the first payment is due. Payments may be deferred if the student decides to return to school on at least a half-time basis. Deferments are available for economic hardship or unemployment situations. Cancellations of the debt are available for certain career paths. More information regarding deferments and cancellations is available at www.ed.gov.

For more information on the repayment of Perkins Loans or questions about deferment options, please contact:

Ms. Delores J. Shirley, Bursar's Office
502) 597-6924

Below are forms for the Federal Perkins Loan Program

Master Promissory Note

Personal Data Sheet   

Request for Deferment Form 

Request for Forebearance Form 

Request for Perkins Cancellation Form 

Statement of Rights & Responsibilities   

Student Loan Release Form

Student Loan Truth in Lending Statement