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Federal Perkins Loan

Federal Perkins Loans at Mississippi State University are primarily used in Summer only for students who are receiving their first Undergraduate degree.

These funds must first be accepted on the Award Notification and the student must complete a Master Promissory Note for the Federal Perkins loan. The Perkins Loan funds will be credited to the University student account during or after final registration for the term a student is enrolled. First time Perkins borrowers must complete an Entrance Counseling Session. The Entrance Counseling can be completed at http://www.mappingyourfuture.org/OSLC/.

Each Federal Perkins Loan student borrower must also attend an Exit Interview upon graduation or at the time the student borrower leaves MSU, or drops to less than half-time status. The Exit Counseling can be completed at http://www.mappingyourfuture.org/OSLC/ The total loan balance, the repayment schedule along with other information concerning the repayment of the Federal Perkins Loan will be mailed to the student shortly after they graudate or drop to less than half time enrollment at MSU.


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