Tell me about the Federal Perkins Loan?
375073
Pros of the Federal Perkins Loan Program:\n\nRates:\nPerkins Loan interest rates are fixed at 5%; this is incredibly unlkely to change.  Beginning July 1st, 2006, Stafford loan rates will become fixed at 6.8%, so you can see that Perkins is a great option, even compared to other federal student loans.  A few years ago, when Stafford rates were variable and had dropped below 3%, a lot of students were declining their Perkins awards.  Now that Stafford rates have risen and Perkins rates have remained the same, many students are wishing they had chosen Perkins instead...\n\nPerkins loans are subsidized, meaning that the government pays any interest that accrues (a) while you are in school, (b) during the 9-month grace period you receive once you graduate/leave school, and (c) during any deferments you are granted.\n\nStandard repayment for Perkins loans is 10 years.  However, you may be able to request a longer repayment term and Perkins Loans are also eligible for to be included in a Federal Consolidation Loan.\n\nBenefits:\nAs you may know, some student loans carry forgiveness benefits.  Stafford loans have a few (for teachers, mostly).  Perkins Loans actually carry a much longer list of forgiveness/cancellation benefits, including:\n  * Law enforcement or corrections officers\n  * Peace Corps, AmeriCorps, VISTA\n  * those employed in a Head Start program\n  * Teachers in low-income schools, special education teachers, teachers in designated subject shortage areas, teachers of handicapped students \n  * Providers of early intervention services\n  * Nurse or medical technicians providing health care services\n  * those in the US armed forces\nSo, if you do accept your Perkins loan and end up working in any of these areas, you may not have to pay back your Perkins Loan at all!\n\nPerkins Loan deferment options also tend to be more flexible than those of Stafford Loans.\n\nYour school is the lender for any Perkins loans that they offer you. You might find that having a loan held by the school makes things much simpler when it comes time to repay -- if you have any questions, you'll know who to contact!  Essentially, the school receives a limited pool of funds from the federal government, which they match (partially) and then allocate at their discretion (in keeping with the regulations set forth by the DOE).  Perkins loans are meant for the school's neediest students.  Students must demonstrate financial need to qualify.
267570
[My response here assumes that you're referring to Federal loans such as Stafford and Perkins.] Your loan repayment status won't affect whether you will be admitted to a school and/or allowed to register for classes.  However, your repayment status can affect whether you will be allowed to borrow new loans at your new school, as follows:\n\n1.  If you defaulted on a federal loan, yes, you need to resolve the default before you can get any new federal loans (resolving your default typically entails making a few months of on-time payment).  \n\n2. If you didn't default on the old loans -- if you're making payments when required, etc. --  you should be fine to borrow new ones.  (Unless, for some reason, you'd be exceeding the aggregate debt limit for that loan type, which is not common). File the FAFSA online at www.fafsa.ed.gov.  When it is processed, you will receive a Student Aid Report (SAR) with the results -- the Comments section will let you know if there are eligibility issues that you need to tend to.\n\nGood luck!
749194
Here you go. \n\nhttp://en.wikipedia.org/wiki/Loan_shark
510411
It's definitely too good to be true. It's probably spam. My interest rate is 6.7 percent.  I thought that was good.  Be very careful to read the fine print on that loan application...)(
704702
I invite you to check out the All Solutions Network website (at the sources bellow). There, you can access all kinds of information on different kinds of services. Also, what kind of loan are you talking about? Check out the sources I provide to you, and you might find something that may interest you...GOOD LUCK!
568469
Two of the major Federal Student loan programs -- Stafford and Perkins -- are unique in that they require absolutely NO credit check. In fact, Financial Aid Administrators are forbidden from checking your credit as a condition for receiving these loans. You don't even need to show financial need to obtain an Unsubsidized Stafford Loan -- as long as your school is accredited, you are enrolled at least half-time as a regular student, and your other financial aid doesn't exceed your Cost of Attendance, you will be offered a Stafford Loan.\n\nIf you have "maxed out" your eligibility for Federal loans, there are private companies that will lend you money even if your credit is bad (which you're fixing, I hope?).  If you have a creditworthy cosigner then your credit won't matter much at all.  That's what cosigners are for -- their credit acts as a "stand in" for yours!\n\nFirst, review the huge list of private loan lenders on FinAid's website: http://www.finaid.org/loans/privatestudentloans.phtml ... Go to each lender's site and read the terms and credit criteria of their loans until you find one that focuses more on one of your credit strengths (job history, perhaps).  Be careful when searching online for companies that specifically claim to offer loans to people with bad credit (companies like Astrive are questionable because they bypass the school). Make sure the company has a good track record before you commit to a 10-30 year relationship with them
415501
Well, I don't know about the baby, but I know about this US \nFederal program that helpped my son:\n\n\n This is a free, U.S. Government program (no fees or other charges) \n \n \n No credit checks \n \n \n No pre-payment penalties \n \n \n Your payment will be reduced by as much as 60% each month \n \n \n You will have to write just one check each month for your student loans \n \n \n All information is secure and confidential\n\nGood luck!
578471
It will affect your ability to get federal loans, the school could also opt to expel you but that probably depends on your specific situation.  Try keeping your nose clean from now on
856852
Register with LIC website.  Then they will show you the details like due date for payment and other details.  Their weblink is given below.\n\nhttp://www.licindia.com/
70009
Other than the Stafford Loan, most private lenders require a co-signer.  However, check with banks, or institutions affiliated with student loans...EdAmerica, Sallie Mae, Perkins, etc.  Good luck.
1179592
For the best no hassle student loans go with the government. The William D. Ford Federal Direct Loan Program, administered by The Department of Education, is not out for profit like the commercial institutions, does not sell your loan and does not jerk you around like the commercial guys do.\n\nI am getting all my other loans consolidated with them because I am sick and tired of the commercial profit making outfits and the problems they have caused me.\n\nThe William D. Ford Federal Direct Loan Program\nhttp://www.ed.gov/offices/OSFAP/DirectLoan/index.html
1081087
You should check out Brian Sacks' Website at:\nhttp://www.loanofficersuccess.com
533748
Yes, in fact there are, arguably, more loan options for graduate students than there are for undergrads.  Whether she is a master's student, a doctoral student, or a post-doc student, your wife could borrow...\n\n* A Federal Stafford Loan -- annual limits are $18,500 for most graduate programs (and even higher for health professions students).  Interest rates will be fixed at 6.8% for 06-07\n* A Federal Perkins Loan -- annual limits are $6,000 for graduate students ($4,000 for undergrads). Perkins rates are 5% fixed.\n* A Federal PLUS Loan -- these loans, formerly restricted to undergrads, are open now to graduate students. A student can borrow as much PLUS as it takes to cover his/her educational costs. PLUS rates will be 8.5% for 06-07, though many lenders are offering great interest rate incentives, bringing the PLUS rate down as low as 7%!
1134389
Many online colleges administer federal aid, so you could at least be eligible for the Federal Stafford Loan and the Federal Pell Grant if you show a lot of need.  Some schools (if they're been around for a while) will also offer Federal Perkins Loans and Federal SEO Grants.  \n\nPlease, though, if you want to apply for these types of aid, don't go to fafsa.com -- it's a huge scam.  You should only ever file the FAFSA by going to the Dept. of Ed's website, here: http://www.fafsa.ed.gov . If you need assistance or have questions, there is free help available in a lot places: check out FinAid (http://www.finaid.org ) or contact your school, former high school, or library.\n\nThere are numerous scholarships available from a wide variety of sources.  Try any or all of these scholarship search engines:\n\nhttp://www.fastweb.com\nhttp://www.srnexpress.com\nhttp://www.scholarships.com\nhttp://www.scholarships101.com\nhttp://www.finaid.org/scholarships\nhttp://apps.collegeboard.com/cbsearch_ss/welcome.jsp\nhttp://services.princetonreview.com/default.asp?RUN=%2Fcollege%2Ffinance%2Fscholar%2FscholInterview%2Easp&RCN=auth&RDN=7&ALD=http%3A%2F%2Fwww%2Eprincetonreview%2Ecom\nhttp://www.collegeanswer.com/paying/content/pay_free_money.jsp
796301
Hello there,\n\nYou still do have many options, but i would need to know more information in order to accurately give you a suggestion..\n\nYour in a situation that alot of students find themselves in these days with such high tuition rates..\n\nWhat i would have to do is take a closer look at your situation and then advise you from there..\n\nI work with Student Aid Lending, we are a nationwide title IV lender administered by the Department of Education... I would be happy to assist with your federal student loans... \n\nTake a look at my yahoo 360 profile.. There is alot of helpful information there for anyone to view.. You can also find the direct link to my website..\n\nhttp://360.yahoo.com/my_profile-hluduhmi...\n\nIt is actually a VERY SIMPLE process, it can be completed in 10 minutes over the phone and internet...\n\nFeel free to call or email me at any time.. Im available at all times to answer any questions or concerns you may have..\n\nI hope this helps!\n\nJason Fry\nStudent Aid Lending\n1-800-964-0642 ext 114\njasonf@StudentAidLending.com
605628
Two of the major Federal Student loan programs -- Stafford and Perkins -- are unique in that they require absolutely NO credit check.  In fact, Financial Aid Administrators are forbidden from checking your credit as a condition for receiving these loans.\n\nYou don't even need to show financial need to obtain an Unsubsidized Stafford Loan -- as long as your school is accredited, you are enrolled at least half-time as a regular student, and your other financial aid doesn't exceed your Cost of Attendance, you will be offered a Stafford Loan.  In this sense, Stafford Loans are indeed an entitlement.\n\nSee the following link to the Federal Student Aid Handbook (in the margin on page 1-66) for clarification about credit checks: http://www.ifap.ed.gov/sfahandbooks/attachments/0607FSAHBkVol1Ch6.pdf\n\nMost other student loans will require a credit check, though.  If you apply for a PLUS (which is open to graduate students and to the parents of undegrads) your credit will be checked.  Similarly, if you or your parents apply for a private educational loan, your credit will also be pulled.  Every lender has slightly different credit criteria from the next, though, so if one lender denies your application, you might still be eligible if you apply with another (just apply selectively, pay your bills, and keep an eye on your credit report and you'll be fine).
630266
go here...\nhttp://loans.mamayek.com/studentloans.html