Perkins Loan Exit Interview Math

The perkins loan is separate and apart from the federal stafford loans and federal direct loans and an exit interview is required for all federal loans.

Perkins loan exit interview math. Exit interviews provide a complete explanation of repayment. Perkins student loan borrowers who are graduating withdrawing from the university or dropping below half time enrollment are required to complete an exit interview. For many types of federal student loans including perkins loans you re required to undergo an exit interview or exit counseling when you graduate from school drop out transfer to another school or transition to less than half time enrollment. Perkins loans this is a loan it must be repaid to jcu though our loan servicer heartland ecsi separate and distinct from stafford and other loans requires separate payment deferment forms cancelation forms etc.

From stafford loans. California baptist university is pleased to offer you this online exit loan counseling session to simplify the final step in the student loan borrowing process. The perkins loan is a low interest 5 loan available to. Terms 5 simple interest 10 year repayment schedule after initial 9 month grace period your first payment will be due look on.

Per federal regulations perkins loans are no longer being awarded and disbursed. All federal perkins loan recipients are required to complete a perkins exit interview upon graduation or when leaving the university. Click on account tools exit interview and complete the exit interview. Wsu financial operations accounts receivable has partnered with educational computer systems inc.

Perkins loan exit interview annette szalay asst. If you have never logged in you will need to register and create a new profile first. What is a perkins loan exit interview. Your hold will be removed the following business day.

From stafford loans address changes must be made to heartland ecsi and bursar office at jcu. All students that have borrowed under the perkins loan program must complete an exit interview before leaving the university. Loan consolidation perkins loans may be consolidated with federal direct subsidized and unsubsidized loans. In processing and collecting all of our federal perkins loans.

Exit counseling provides important information to prepare you to repay your federal student loan s. Upon graduating or dropping below half time status you must complete an exit interview for the federal perkins loan to ensure that borrowers understand the terms of their loan repayment. Perkins loan information. Federal student loan borrowers are required to complete exit counseling before they graduate leave school or drop below half time enrollment in preparation for repayment.

A consolidation loan combines the borrower s eligible loans into a single loan. To learn how interest rates are calculated on. What is a federal perkins loan. This applies to all graduating seniors students that drop below half time and students that withdraw during a semester.