What is a Federal Perkins Loan?

hand shadow with 10 dollar bill

Perkins Loans were designed for undergraduate and graduate students who demonstrated exceptional financial need. Although the program has ended, 1.6 million borrowers still owe $4.7 billion in Perkins Loans as of mid-2021. The loans were meant to make going to school and repaying student loans easier for students whose financial situation may have prevented them […]

The post What is a Federal Perkins Loan? appeared first on SoFi.