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Perkins Loan

Perkins Loans are need-based student loans that use a combination of institutional and federal funds. Perkins loans have no origination fees and a fixed 5% interest that is deferred until repayment. Repayment of a Perkins Loan begins 9 months after the student drops below half-time status.

Receiving a Perkins Loan

To receive a Perkins Loan, a student should complete the FAFSA before College of Charleston's priority deadline of March 1st, and complete any other federal requirements in a timely manor. A student who has been awarded a Perkins Loan must complete a Perkins Loan Master Promissory Note and Perkins Loan Entrance Counseling online using the Department of Education PIN. In order to complete both please go to Any questions regarding your Federal Perkins Loan should be directed to Treasurer's Office.

Exit Couseling

The federal government requires that students participate in loan counseling prior to leaving or graduating from the school at which you received a Perkins Loan. Note: This may require two different Exit Counseling sessions if you received both a Direct Loans and a Perkins Loan. Please contact Treasurer's Office for information about Perkins Loan exit counseling.