Federal Perkins Loan option for NAU students
An additional option for education funding may be a Perkins Loan
Loans made through the Federal Perkins Loan Program, often called Perkins Loans, are low-interest federal student loans for undergraduate and graduate students with financial need.
Here’s a quick overview of Federal Perkins Loans:
- Funds are limited.
- Available to undergraduate and graduate, and professional students with financial need.
- Interest rate for this loan is 5%.
- Specific eligibility criteria is dependant on if you are a new or continuing borrower. Please contact Financial.Aid@nau.edu for eligibility criteria.
For more information on Perkins Loan repayment see Student and Departmental Account Services.