Prospective Traditional Undergraduates

Types of Aid:
Grants and Scholarships | Student Employment | Financing Options

Federal Perkins Loan

The Perkins Loan is a federally guaranteed, fixed-rate, low-interest loan for undergraduate and graduate students enrolled at least half-time in an eligible program. Students with demonstrated financial need who meet the Office of Financial Aid application deadlines are considered for the loan up to a maximum of $4000 for undergraduates and $6000 for graduates per academic year. The 5% interest rate does not accrue while the student is enrolled half-time, during the 9-month grace period, and during periods of eligible deferment. If you have been awarded a Perkins loan, additional information regarding the promissory note and entrance counseling is available on the Bursar's website at www.du.edu/bursar/perkins.htm.