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What is the difference between a Perkins and a Stafford Student Loan?

April 26, 2017difference Perkins Stafford student loan

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What is the difference between a Perkins and a Stafford Student Loan?

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A Perkins Student Loan is a campus based student loan. KCAI is your lending institution. Your account will remain with KCAI until the loan is paid in full. A Stafford Student Loan is borrowed from an off-campus agency such as a bank of a secondary market.