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What is a Federal Perkins Student Loan?

April 26, 2017bad credit student loans consolidate student loans Federal Perkins Stafford stafford loan student loan student loan consolidation student loan debt consolidation student loans

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What is a Federal Perkins Student Loan?

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The Federal Perkins Student Loan is a low interest loan for undergraduate and graduate students that demonstrate financial need where the school is the lender. However, the loan comes from government funds. When it comes time to repay the loan, you repay the school, not the government. • If I consolidate my student loans will I still be able to defer my loan? Yes. Even if you consolidate your student loans, you can still defer your payments. Standard deferment and forbearance options are core attributes of your student loan and are not lost when you consolidate student loans.