What is a Federal Perkins Loan?
The Federal Perkins Loan is a student loan that is borrowed directly from William Mitchell College of Law.The fixed annual interest rate is 5%. However, this loan is interest free until repayment begins, which is nine months after you leave school or drop below half-time status.
How Do I Apply for a Federal Perkins Loan?
Federal Perkins Loans are awarded to students through their Financial Aid package. Upon verifying eligibility, you will need to complete the application process and sign your Perkins Master Promissory Note (MPN) in the Finance Office.
How do I receive my Federal Perkins Loan funds?
Once you have signed your MPN, your Federal Perkins Loan dollar amount will be applied to your student account on a semester basis for the academic year.
If you have Federal Perkins Loan eligibility on your award letter and you do NOT want to borrow this loan, please send or e-mail a written notice to the Office of Financial Aid.
Who is University Accounting Services?
University Accounting Service (UAS) is a student loan management service. We have a partnership with them to assist in the administration and billing of Federal Perkins student loans. Do not disregard mail from UAS!
Information is also available through University Accounting Services.
Contact Information
If you have any questions regarding your Perkins loan, please contact Jenn Kennedy at (651) 290-6312or by e-mail atJennifer.Kennedy@wmitchell.edu.
Federal Perkins Loan Links and Forms
Set up online access for your account
Financial Arrangement Form for Forbearance, Economic Hardship deferment, or Unemployment deferment
Cancellation Form for Cancellation or Cancellation Deferment
Deferment Form for If you need to request a Student Deferment
For questions regarding these forms, call Jenn Kennedy at 651-290-6312.
Send the completed forms to:
William Mitchell College of Law
Attn: Student Accounts
875 Summit Ave
Saint Paul, MN 55105