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Perkins Loans

Perkins Loans

  • Lender: Hofstra University

  • Interest Rate: 5 percent per year

  • Fees: 0 percent

  • Grace Period: nine months following graduation, withdrawal, exclusion, or dropped to less than half-time status

  • Repayment Period: up to 10 years

  • Awarded to students with exceptional need on a first-come, first-served basis