Prospective Borrowers

How much is awarded?

UWSP limits Perkins borrowing to a maximum of up to $1,500 annually. This limitation is due to the funding. The graduate student cumulative maximum is $30,000 which included any amount borrowed for undergraduate study.

Payments/Interest?

The Perkins Loan is interest-free as long as the student is enrolled at least half time at any eligible institution. Repayment of the principal plus 5% interest begins 9 months after graduation or when you leave the university.

Billing Agency

The billing of the Federal Perkins Loans is handled by Educational Computer Systems, Inc. (ECSI). ECSI is a Perkins billing service for the university.

How to Apply

Contact the Financial Aid Office for information on how to apply.

NSLDS Disclosure

Institutions that enter into an agreement with a potential student or student, regarding a Title IV, HEA loan are required to inform the student or parent that the loan will be submitted to the National Student Loan Data System (NSLDS), and will be accessible by guaranty agencies, lenders, and institutions determined to be authorized users of the data system.