No interest accrues on the loan and repayment does not begin until nine months after the student graduates or is no longer enrolled on at least a half-time basis. Perkins loans are administered through the Heinz School and funds are limited. If you received a Perkins loan in your first year, it will not automatically be renewed for your second year. Early applicants with exceptional financial need are given highest consideration. To accept this award, the student must sign a promissory note in the Financial Aid Office at the beginning of the fall semester.
Interest is subsidized by the federal government while the student is enrolled at least half-time.
Repayment of principal and interest begins six months after the student graduates or six months after the student is enrolled less than half time. Repayment of principal and interest begins six months after the student graduates or six months after the student is enrolled less than half time. The same fees that are charged for subsidized federal Stafford loans apply to unsubsidized federal Stafford loans. If you did not borrow federal student loans during the 2000-2001 academic year, you are required to attend a brief entrance interview and information session before loan disbursement. Payment of principal and interest may be deferred and capitalized once at repayment.