Federal Perkins Loans

The federal government requires all Perkins Loan borrowers who graduate or drop below half-time enrollment (6 credits per semester) to complete an Exit Counseling session. The session is designed to provide borrowers with important information about their rights, responsibilities, and repayment guidelines.

Loan Assignment Information: On August 27, 2021, The U.S. Department of Education (DOE) mandated that all colleges and universities assign their Perkins loans that have been in default for two or more years by a deadline of June 30, 2022.