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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.

Your account will be credited at the Office of Student Accounts only after you sign a Master Promissory Note and Entrance Interview.

*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
Fordham University
441 E Fordham Road
Bronx, NY 10458