The Federal Perkins Loan Program is really 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 regarding the Perkins Loan is five (5) per cent, and payment begins nine months following 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 collector and lender associated with the Federal Perkins Loan.
Home elevators the repayment and number of Stafford Loans, PLUS Loans and Private Loans can be located by calling the educational funding office.
Loan Servicer. This is the borrower’s duty to upgrade their Federal Perkins Loan contact information with Ohio University’s loan servicer: