Federal Perkins Loans
Perkins Loans provide fixed low interest rates (5%) and are available to students who demonstrate high financial need based on the results of your Free Application for Federal Student Aid (FAFSA). A credit check is not required to receive these loans and there is no origination fee. You are not charged interest on these loans while you are in school at least half-time and during grace and deferment periods. Perkins Loan funding at UNI is limited, so not all qualifying students will receive a Perkins Loan. Students who have been awarded a Perkins Loan must complete Entrance/Rights and Responsibilities and a Perkins Promissory Note online each year.