Perkins Loans

Perkins Loans are no longer available to students - the following information is for students who were prior Perkins Loan borrowers.  

Perkins Loans are federal, need-based loans that are interest-free to students until they enter repayment.  During repayment, the loan accumulates interest at a fixed 5% rate.  Perkins loans have a 9-month grace period after graduation (or the end of at least half-time enrollment) and, if included in a federal Direct Consolidation loan, are eligible for Income-Based Repayment, Public Service Loan Forgiveness and Georgetown Law's Loan Repayment Assistance Program.

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