Federal Perkins Loan
Perkins Loans are low-interest federal student loans for undergraduate students with exceptional financial need. Here's a quick overview of the Federal Perkins Loan:
- Available to undergraduate students with exceptional financial need
- The interest rate is a fixed 5%. Interest does not accrue while you are in school.
- Fordham University is the lender; you make your payments to the school's loan servicer, Affiliated Computer Services (ACS)
- The maximum award a student can receive on a Perkins Loan is $5,500.00.
Funds from the Perkins program come primarily from repayments by previous Fordham University borrowers, in addition to contributions from Fordham and the Federal Government.
*If you are unable to sign your Master Promissory Note online, please download the form. Once you have filled out the form, please mail the original to:
Attention: Linda Rudaj, Thebaud Hall
441 E Fordham Road
Bronx, NY 10458