Student Financial Services
Student Financial Services


Financial Aid: Loans

Federal Loan Programs
Stafford (Subsidized & Unsubsidized)
Perkins
Grad PLUS
Nursing Loan

 

 



Federal Perkins Loan

Lender: Seattle Pacific University, with funding provided by U.S. Department of Education
Initial eligibility application: Free Application for Federal Student Aid (FAFSA)
Eligibility requirements: Demonstration of exceptional financial need, enrolled at least half time (6 credits Undergraduate / 3 credits Graduate), making satisfactory academic progress

Interest rate: 5%
Interest accrual/repayment: begins 9 months after ceasing at least half time enrollment in school
Repayment period: 10 years
Minimum Monthly Payment: $40
Loan Servicer: Campus Partners
Loan Repayment Information
Perkins Loan Fact Sheet

Students awarded a Perkins loan will be notified in July via their SPU email account regarding requirements for this loan.



Last Updated: 5/29/2014



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