Perkins Loans are low-interest loans for both undergraduate and graduate students with exceptional financial need. In this case, the school is the student's lender, using combined school and government monies.
Not all schools participate in this program.
- Total Outstanding Principal Balance is the total of the principal only on all of the student's outstanding Perkins Loans.
- Current Award Year Loan Amount is the total amount of all the Perkins Loans issued to the student for this award year.