Perkins Loan
The Federal Perkins Loan is a low-interest, federal loan for students with exceptional financial need. These loans bear a low fixed interest rate of 5 percent and are distributed by the college.
There is no processing fee related to this loan. Interest accrual and repayment begins nine months after graduation or after a student ceases to be enrolled at least half time.
The maximum length of time to repay a Perkins Loan is 10 years or $40 a month, whichever results in a larger payment.
Important: Under federal law, the authority for schools to make new Perkins Loans ended on Sept. 30, 2017, and final disbursements were permitted through June 30, 2018. As a result, students can no longer receive Perkins Loans. A borrower who received a Perkins Loan can learn more about managing the repayment of the loan by viewing their loan online at by contacting either UAS at 844-870-8701 or Sara Rosenberger at 503-777-7504 for assistance.
The Perkins Loan in repayment
ºìÌÒÊÓƵ is the lender for the Federal Perkins Loan Program and repayment is made to the college. You will receive bills from University Accounting Service (UAS), our billing servicer. Borrowers may view their loan and make payments . You may call UAS at 844-870-8701 or Sara Rosenberger at 503-777-7504 for help with your Perkins Loan.
Perkins Loan benefit forms can be found here:
In School Deferment Form
Unemployment Deferment Form
General Forbearance Form
Economic Hardship Deferment Form
Cancellation Form