Perkins Loan Services
Welcome to the Perkins Loan Program home page. We invite you to review our Web site. If you need assistance with finding information or have suggestions for improving our services, please contact us.
Spotlights:
** New: Federal Student Aid site - Financial Awareness Counseling **
The Department of Education has released a new interactive loan counseling tool on their StudentLoans.gov website. The new
Financial Awareness Counseling page provides tools and information to help you understand your financial aid and assist you in
managing your finances. It also contains information about your current student loan debt and how to manage it. Here is a
summary of the kind of information you can expect to find:
- Information about all of your Federal Student loans in one easy location (NSLDS)
- Useful tips on how to manage your money while you are in school
- Helping you make a solid plan for student loan repayment
- Tips on how to avoid going into Default on your loans and how to request deferment or forbearance
- Learn all about Federal Loan cancellation benefits and forgiveness options
- And finally, explore how to plan for your financial future including taxes, credit cards and building a good credit history
This is a great new resource for all student loan borrowers, take advantage of it today! You will need your FAFSA pin to access the site: https://studentloans.gov/myDirectLoan/financialAwarenessCounselingLanding.action
Important Changes to the Federal Perkins Loan Program
The College Cost Reduction and Access Act (Pub. L. 110-84), signed into law on Sept. 27, 2007, and
the Higher Education Opportunity Act (Pub. L. 108-315), signed into law on Aug.14, 2008, changed the
terms of loans made under the Federal Perkins Loan Program authorized by Part E of the Higher
Education Act of 1965, as amended.
Please read the Addendum to Perkins Loan Regulations to see the changes that may affect your Perkins Loan. For further information, use the links in the navigation bar or the Important Loan Links below. As always, you may contact us at 512-475-7779, opt. 3 or perkins@austin.utexas.edu for additional information.
Loans Autopay is now available to pay your loan payment automatically each month. Please see Payment Options or call 512-475-7779, option 3 for more information.
Loan payments can no longer be made over the phone. Please see Payment Options for details.
Loan Interest 1098-E forms are mailed by Jan. 31 of each year to borrowers who paid $600 or more in student loan interest during the previous year. This is interest paid on tuition loans, emergency loans, and Federal Perkins loans.
Important Loan Links
Collection Agencies
Credit Bureaus
Defaulted Loans
Loan Rehabilitation
Loan Consolidation
Glossary
For answers to frequently asked questions about Perkins Loans, visit
askUS (keyword Perkins Loan).
