Fafsa and Grad school

sk8rmom
Thu, 21 May 2009 21:55:01 +0000

Do you get the Stafford and Perkins loans by filling out the FAFSA? Or, do you have to do something extra to get it?



The FAFSA is required for both, checking the loans considered box lets the FA office know that you’re interested but not checking the box does not disqualify you. Also, MPN and entrance couseling, are required. The Perkins loan funds are limited to what the school has available and are pretty much offered at their discretion. Btw, there is a separate application required for Plus loans.

You should contact your FA office asap if you’re interested in loans, but at this point in the year the Perkins funds are likely exhausted. If they do come up with Perkins funds for you, try not to consolidate these loans with other loans later as you’ll lose the 5% rate and other benefits it offers.