Federal Perkins Loan

The Federal Perkins Loan Programs ends September 30, 2017. All Perkins loans that have not disbursed by September 30, 2017 will be canceled.

The Federal Perkins Loan is a low-interest (5 percent), fixed-rate loan for students who have significant financial need, are eligible for federal financial aid, and who have met the University of Oregon's priority FAFSA deadline of March 1. In most cases, it is in the student’s best interest to accept all or part of this loan before accepting an Unsubsidized Direct Loan or Federal Direct Parent PLUS Loan if the family intends to borrow money to attend college.

Accept the full or partial amount of this loan on Duckweb.

Three term maximum: based on fund availability and is therefore subject to change.
Undergraduates $3,500
 
In-school interest rate (during deferment or grace period) 0%
Interest rate (during repayment or forbearance) Fixed at 5%
Net fee per disbursement 0%
Grace period Nine months
 
Perkins entrance counseling Required
Known as Statement of Rights and Responsibilities form
Perkins Promissory Note Required
 
Aggregate limit $20,000

Additional Disclosures for New Perkins Loans made after 9/30/2015

Exiting School and Repayment

If you plan to stop attending the University of Oregon at least half time in an eligible program (whether due to graduating or a change in your enrollment status), you are required to complete exit counseling for Perkins Loans. Perkins Loans also have specific rules for repayment; read about