Entrance Interviews for Perkins
Loan
How do I apply for a Federal Perkins
Loan?
The application process for a Federal Perkins Loan begins
by completing the FAFSA (Free Application for Federal Student Aid),
available in the Student
Financial Assistance Office. The Student Financial Assistance Office
determines who is eligible for a Federal Perkins Loan and awards the
loan.
What are the steps necessary for
me to take to accept and receive a Federal Perkins Loan?
Once the student is notified by the Student
Financial Assistance Office that they have been awarded a Federal Perkins
Loan, then it is their responsibility to contact the Student Financial
Assistance Office to verify whether they want to accept or reject the
loan. Once the loan has been accepted, the student will be contacted
by the Federal Perkins Loan Office to attend an entrance interview.
Why do I need to attend an entrance
interview?
It is Federal Regulations that every student must attend
an entrance interview for every year that they receive a Federal Perkins
Loan. The entrance interview will last approximately 20-30 minutes and
will cover all information about the loan (interest rate, grace period
for repayment, procedures taken when a loan goes into default, etc.),
all information about the cancellation provisions that come with the
loan, any deferment information, and the student will sign all necessary
paperwork (including the promissory note) to complete
the loan application and get the loan disbursed to the student as soon
as possible.
NOTE: Please arrive on time for your pre-scheduled
interview.
How do I pre-schedule my entrance
interview?
Near the beginning of the semester the
student will receive a letter congratulating him/her for being awarded
a Perkins Loan with a schedule of available entrance interview dates
and times attached. Please contact our office directly at 270.745.5551
to confirm your entrance interview time and date preference. The student
must call as soon as possible because the interview time slots fill
up very quickly.
NOTE: If the student has not
been contacted by this office by mid August then they need to call immediately
at 270.745.5551 to inquire about the loan.
What should I bring to my entrance
interview?
In preparation for the interview bring
the following items with you to the interview:
- picture identification
- ink pen
- complete addresses (including house members and street names), phone
numbers and information of employment for father, mother, brothers
and/or sisters
- complete addresses (including house numbers and street names) and
phone numbers for four additional references including one additional
relative (DO NOT duplicate information for immediate
family references)
NOTE: The entrance interview is NOT complete and will not
be processed until all paper work is signed and all information is complete.
If you have any questions, please contact the appropriate office:
pre-award: Student
Financial Assistance: 270.745.2755
post-award: Federal Perkins Loan Office: 270.745.5551