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From the research that I have done I have found that they are both student aid loans. The Perkins loan is mainly based on need, where as the Stafford loan is one that almost anyone can apply for. You can find out additional information on these loans either online or by speaking with your admissions officer.
What else can I help you with?
Can you convert a stafford loan to a perkins loan?
No.
Can you get a Perkins and a Stafford loan?
Yes it's possible.
Can a 19yr.old undergrad receive a loan without a cosigner?
A stafford or perkins loan, yes, IF you qualify through the FAFSA.
What are similarities between the Direct Stafford loan and the perkins loan?
Both the Direct Stafford Loan and the Perkins Loan are federal student loans designed to help students finance their education. They offer low interest rates and are based on financial need, although Stafford Loans can also be obtained regardless of need. Additionally, both loans provide flexible repayment options, including deferment and forbearance. However, the Perkins Loan is a need-based loan with a limited funding pool and is offered directly through participating institutions, while the Direct Stafford Loan is available to a broader range of students through the federal government.
Can you get a Perkins loan if you have maxed out on a federal Stafford or direct loan?
it depends on your school. Not all schools are part of perkins loan program. Ask, your financial aid office at your school to find out if they participate in the Perkins loan program. If they do, then you're eligible to receive up to $4000 every school year if you meet all the required criteria.
Are there any student loans that are not credit based besides Stafford loans?
The only other loan that is not credit based is the federal perkins loan that you apply for when you apply for FASFA.
What government loans are available for students?
There are actually many government loans that are available for students. These include the Stafford Loan and the Perkins Loan, both for students in exceptional financial need.
Can you convert private student loans to Stafford Loan Program Federally Insured Student Loan Perkins Loan Auxiliary Loans to Assist Students Supplemental Loans to Students William D. Ford?
No. Why would the government want to insure or subsidize a private loan?
What does not have to be paid back Afederal Stafford loans Bfederal pell grant Cfederal perkins loan?
Loans have to be repaid and grants do not, so the Pell Grant would not have to be repaid.
Best student loans?
The best student loans to get are government student loans.Of the government loans, the best one is a Federal Perkins Loan. These have low interest rates and the government will help you pay it back as long as you stay enrolled in school. You also don't need a cosigner or good credit for it.The next best loan is a Federal Subsidized Stafford Loan. This has many of the same benefits as a Perkins Loan.Finally, the Federal Unsubsidized Stafford Loan is available to all students, regardless of financial need.
What does DLSTFD loans mean?
Direct Subsidized Stafford Loan
Can you get a stafford loan and another loan at once?
Sure.
