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  2. Federal Perkins Loan - Wikipedia

    en.wikipedia.org/wiki/Federal_Perkins_Loan

    A Federal Perkins Loan, also referred to as a Perkins Loan, was a need-based student loan offered by U.S. Department of Education from 1958 until 2017. [1] Created as part of the Federal Direct Student Loan Program, the Perkins Loan served to assist American college students fund their post-secondary education.

  3. Student financial aid in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_financial_aid_in...

    Federal Perkins Loan (Perkins Loan) Program: This is a school-based loan program for eligible students with exceptional financial need. Students may qualify for a Perkins Loan of up to $8,000 each year depending on financial need, the amount of other aid received, and the availability of funds at the school.

  4. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    Direct PLUS Loan: The direct PLUS loan is a federal loan that graduate or professional students and parents of undergraduate students can use to pay for their education. These loans can be used to help pay for education expenses not covered by financial aid. The Direct PLUS loan is not based on financial need, but credit is necessary.

  5. Student loan forbearance vs. deferment: Key differences and ...

    www.aol.com/finance/student-loan-forbearance-vs...

    Federal student loan forbearance allows you to skip your student loan payments for a given time or temporarily make a smaller payment. The catch: Interest will still accrue on your balance.

  6. Pros and cons of consolidating student loans

    www.aol.com/finance/pros-cons-consolidating...

    Access repayment plans: Some older student loans, such as FFEL loans and Perkins Loans, are not eligible for certain income-driven repayment plans or Public Service Loan Forgiveness (PSLF) unless ...

  7. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    They qualify for discharge of Stafford, Perkins, and Federal Family Education Loan Program loans up to $77,500. [ 69 ] Any person employed full-time by a 501(c)(3) non-profit group, or another qualifying public service organization, or serving in a full-time AmeriCorps or Peace Corps position, [ 70 ] qualifies for discharge after 120 qualifying ...

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