Grace Period for Perkins Loan after graduate school?

[Bamboolong]

<p>I know that Perkins loan has a grace period of 9 months after graduation. If a student graduates in June and goes to a graduate school in September, and the Perkins loan is deferred, is he/she still entitled to a grace period after finishing the graduate degree? If so, how long is the grace period after the graduate degree? I tried to search but haven’t got a clue on this question. </p>

<p>Another question is that Perkins seems to be available for graduate students, right? (<a href=“https://studentaid.ed.gov/sites/default/files/2014-15-do-you-need-money.pdf”>https://studentaid.ed.gov/sites/default/files/2014-15-do-you-need-money.pdf&lt;/a&gt;) But I read some threads here at CC and got the impression that there is no subsidized loan for graduate students. I am a little confused.</p>

<p>Thank you for sharing your knowledge/experience on Perkins and loans for graduate school.</p>

[Madison85]

<p>According to this link, your university would have to be participating in Perkins loans for graduate and professional students in order for you to be considered for one.</p>

<p><a href=“https://studentaid.ed.gov/types/loans/perkins”>https://studentaid.ed.gov/types/loans/perkins&lt;/a&gt;&lt;/p&gt;

[4kidsdad]

<p>

the Perkins loan is deferred, is he/she still entitled to a grace period after finishing the graduate degree? If so, how long is the grace period after the graduate degree?

Yes he/she will still entitled to a nine-month grace period. See <a href=“http://ifap.ed.gov/fsahandbook/attachments/1011FSAHbkVol6Ch4_051911.pdf”>http://ifap.ed.gov/fsahandbook/attachments/1011FSAHbkVol6Ch4_051911.pdf&lt;/a&gt;

A Perkins borrower is entitled to an initial grace period of 9 consecutive
months after dropping below 1/2-time enrollment. If the borrower who
returns to school on at least a 1/2-time basis before the 9 months have elapsed,
the initial grace period has not been used. The borrower will be is entitled to
a full initial grace period (9 consecutive months) from the date that he or she
graduates, withdraws, or drops below 1/2-enrollment again.

</p>

[Bamboolong]

<p>Madison85 & 4kidsdad, thank you very much for the helpful links you provided. Your replies save me time and help me understand Perkins loan better. </p>