Federal Perkins Loan

The Federal Perkins Loan is a low interest, long-term loan in the student's name. These loans are need-based and made to undergraduate, graduate, and veterinary medicine students with significant levels of financial need.

Eligibility Requirements

• Enroll full-time to retain eligibility for this award
• File a FAFSA (with signatures) by March 11

Requirements Prior to Awarding

All these requirements must be completed on Hokie SPA or MyVT.

• Entrance Interview
  • Online document that provides general loan information
  • Questions based on the general loan information are asked as the Entrance Interview is completed
  • Needs only to be completed once with the first Perkins Loan awarded
• Questionnaire
  • Reference information necessary to qualify for the loan
  • Must be completed for EACH new Perkins Loan awarded
• Master Promissory Note (MPN)
  • Completed online, documentation that the student promises to repay the loan
  • Must be completed with first Perkins Loan, then obligates student for all future Perkins Loans