Like any other loan, a Perkins Loan must be repaid with interest.
Borrowers qualify for a nine-month grace period immediately following enrollment.
The repayment amount depends on the size of the debt with a maximum repayment period of ten years. The borrower may prepay all or part of the loan at any time without penalty. Below is a description of each option available. It is Wagner College's responsibility to determine whether a borrower is entitled to a deferment, forbearance or cancellation. Should you have any questions they may be directed to Diane Rinaldi, Perkins Loan Officer at Wagner.