Federal Perkins Loan Program

Federal Perkins Loan Program

A Federal Perkins Loan is a low-interest (5 percent) loan awarded to students with exceptional financial need as determined by William Paterson University. First consideration is given to those that have filed by the priority deadline of April 1, are Pell eligible and are residing in the dorms at William Paterson University. Your school is your lender and the loan is made with government funds. You must repay this loan to your school. The repayment period begins and interest starts to accrue on the loan at the end of your grace period.

Click here to complete Perkins Loan Requirements.