The Federal Perkins Loan Program is just a federally funded low-interest loan. Ohio University could be the lender making use of funds through the government that is federal payments gathered from previous borrowers. The attention price from the Perkins Loan is five (5) per cent, and payment begins nine months after a learning pupil departs college, graduates, or drops to below half-time status.
The Federal Perkins Loan is separate from any Federal Direct Loan you may have lent while at Ohio University. Ohio University could be the loan provider and collector for the Federal Perkins Loan.
Information about the payment and assortment of Stafford Loans, PLUS Loans and personal Loans can be located by calling the school funding workplace.
Loan Servicer. It is the borrower’s duty to upgrade their Federal Perkins Loan email address with Ohio University’s loan servicer: