Loan information and applications for 2017-2018 will be available in July.
Summer Perkins Loan application
The Perkins Loan Program is ending as of September 30, 2017. We are unable to process any Perkins Loan requests after this date.
If you have requested that your Perkins Loan be applied to the Fall and Spring semesters and the fall amount has been disbursed prior to September 30, 2017, you may receive the spring disbursement.
You must have borrowed Perkins Loan funding in prior years at Columbia University in order to be eligible for a Perkins Loan in the 2017-2018 academic year.
- Perkins Loan eligibility is based on your individual federal need, as determined by your FAFSA. If you are unsure of your eligibility for a Perkins Loan, please contact our office prior to submitting the loan form.
- Graduate students may borrow a maximum of $8,000 annually, if eligible; Perkins Loans are subsidized and have a fixed interest rate of 5%.
After submitting your loan application:
- You should wait to complete the Perkins Entrance Interview and Master Promissory Note until after you have received an email from our office that we have processed your loan.
The documents will not be available to you to complete online until after we have processed the loan. You may complete the Master Promissory Note by paper, if you would like to complete it sooner.
Loan applications submitted over the summer will be processed on a rolling basis. If you have applied for institutional financial aid, we will process your loan after you have received a financial aid eligibility letter.
- Perkins Loan repayment is handled by Student Financial Services and is administered by ACS Education Services.
- Perkins Loans are repaid over a period of ten years; repayment begins 9 months after graduating or dropping below half-time enrollment.
Read more about the Federal Perkins loan