Perkins Loan
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Last Updated: Sep 26, 2024, 10:13 AM
The federally funded Federal Perkins Student Loan Program is a campus based loan program that is cooperatively administered by the Bursar's Office and the Financial Aid Office. The Perkins Loan program offered a low interest rate and long-term repayment schedule.
Effective 9/30/17 the Perkins Loan Program officially ended so no new Perkins Loans have been awarded after the 2017-2018 academic year.
The SIU Perkins Loan Office is still responsible for the following:
- maintaining and administering loan documents
- billing and collecting all Perkins Student Loans that are in a repayment status
- processing deferments and cancellations*
- collecting and processing payments on the loan
Borrowers can set up online access to their loan with our billing partner University Accounting Service at www.uasconnect.com/auth/login
* All forms must be submitted in a timely manner to be considered for deferment or cancellation benefits. On an individual basis, forms may be reviewed and backdated for up to 2 years, provided the account has not accelerated or been placed with a collection agency. No review or consideration will be completed for forms covering periods over 2 years prior.