Getting Paid For Perkins Loans
Your school should pay the Perkins loan directly to you. It is customary to receive two payments
during the academic year, either by check or by direct deposit.
The loan money must first and foremost be used to pay your tuition, fees, and housing. You will receive
any remaining funds either by cash or check.
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You have the option to allow the school to retain the funds
for future academic use.
Call 1-800-4-FED-AID if you have any additional questions about Federal Perkins Loans