You are here: Home > Main Navigation > Types of Aid > Loans > Perkins Loan

Perkins Loan

The Federal Perkins Loan program is a need-based loan administered by UW Oshkosh. The loan requires the first time borrowers undergo Entrance Loan Counseling and fill out Perkins Master Promissory Note (MPN). The loan has a 5% fixed interest and can be repaid in up to ten years. Interest does not begin accruing and Perkins Loan does not go into repayment until 9 months after graduation or the student drops below half-time status.

  Undergraduate Graduate
Annual Loan Limit
$4,000 $6,000
Aggregate Loan Limit
$20,000 $40,000

To be considered for the Federal Perkins Loan, students must file the FAFSA.


Begin Loan Process