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Perkins Loans
Description |
- Funded through Federal and Institutional funds, and payments by recent borrowers.
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Eligibility |
- Awarded by Financial Aid Office
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Amount |
- Undergraduate – up to $4000 per each year of study
- Aggregate for Undergraduate is $20,000
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Interest Rate |
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Fees |
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Repayment |
- Begins 9 months after graduation or less than half time enrollment from the University
- Borrower will receive a monthly billing statement from Duke University 's billing servicer, Educational Computer Systems, Inc. (ECSI). Payments are due on the first day of each month; please allow sufficient time for mailing.
- Payments with an accompanying remittance statement should be mailed to:
Duke University
C/O ECSI, Educational Computer Systems
181 Montour Run Road
Coraopolis , PA 15108-9408
Access Accounts through Educational Computer Systems Inc.'s web site.
- View account status/balance
- Update address and telephone number
- View payment history
- Print 1098-e tax interest statements
- Make payments online
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Disbursement |
- Funds are disbursed at the beginning of each term awarded after Promissory Note and Statement of Rights and Responsibilities are signed
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How to Apply:
First time borrower
- Complete the FAFSA at www.fafsa.ed.gov
- Eligibility will be determined by Duke's Financial Aid Office and included in the student's award notification letter.
- Complete the required combined Stafford/Perkins Entrance Counseling at www.mappingyourfuture.org
- You will receive the Perkins Loan Master Promissory note, Truth-in-Lending Statement, and disclosure form by mail from the Student Loan Office starting mid June. Complete the packet in its entirety and return with the enclosed envelope.
Continuing Students
- Complete the FAFSA at www.fafsa.ed.gov
- Eligibility will be determined by Duke's Financial Aid Office and included in the student's award notification letter.
- You will receive the Truth-in-Lending Statement, and disclosure form by mail from the Student Loan Office. Complete the forms and return with the enclosed envelope.
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