<p>i am getting mixed signals from ucd and ucsd financial aid offers…ucd describes perkins as a 5% interest loan that you pay once money is dispensed and ucsd describes perkins loan as being subsideized by government…plz help me out</p>
<p>Perkins is subsidized by the Feds while you are in school at least half-time. After that, repayment begins after a 9 month grace period. The interest rate is 5% during the repayment and grace periods.</p>