Federal Perkins Loans:

Important: Under federal law, the authority for schools to offer new Federal Perkins Loans ended on Sept. 30, 2017, and final disbursements were permitted through June 30, 2018. As a result, students can no longer receive Perkins Loans.

Repayment of Perkins Loans begins nine months after the student graduates or drops below half-time status (fewer than six credits in a semester). Repayment can be deferred or canceled if the student meets certain conditions.  Contact the Perkins Loan Office at Orono about repayment by calling (207) 581-1532 or 1-800-308-6148.