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Financial Aid & Scholarships Office


Federal Perkins Loan

Student Loans

Under section 461(b)(1) of the Higher Education Act of 1965, as amended (the HEA), the authority for schools to make a Federal Perkins Loan ended on September 30, 2014. Thus, absent Congressional action, schools may not make Perkins loans to new borrowers after September 30, 2015.

The Federal Perkins Loan is a low interest rate (5%) loan that is awarded to eligible undergraduate and graduate students enrolled at least half-time in an eligible degree or certificate program to pay for their educational costs. Borrowers must demonstrate financial need through their FAFSA to be considered for this loan.

For information on federal loan programs, please visit the Student Aid on the Web. Your Master Promissory Note (MPN) will also include the terms and conditions of the loan.

Is this your first loan at the University of Colorado Denver|Anschutz Medical Campus?

  1. You must complete the online Entrance Counseling.
  2. In addition, all Perkins Loan borrowers at CU Denver|Anschutz must complete the Master Promissory Note (MPN)--your agreement to repay the loan. Borrowers should retain a copy of the MPN. Follow the instructions on your To Do List in the UCD Access Portal (
  3. Your lender is CU Denver|Anschutz and if you have questions about your loan balance, repayment or deferment, contact Student Debt Management.
  4. If you have any questions about the loan award, you may contact the Financial Aid Office.


  • Must be enrolled at least half-time in an eligible undergraduate, graduate or professional degree or certificate program.
  • Cannot be in default on any federal student loan or owe a refund on a federal student grant
  • Must have a valid social security number
  • Must be a U.S. citizen or eligible non-citizen (see Student Aid Eligibility)
  • Must be registered with the Selective Service, if required
  • Continuing students must meet CU Denver|Anschutz Medical Campus Satisfactory Academic Progress (SAP) standards

Loan Limits

NOTE: Funding is extremely limited and awarded on a first-come, first-served basis. The amount of financial aid you’re awarded cannot exceed your cost of attendance. Your loan eligibility may be reduced upon receipt of other resources (i.e., scholarship, tuition waiver, etc.).

Borrower's Academic Level Annual Loan Limit Lifetime Loan Limit


up to $5,500 $27,500

Graduate or Professional

up to $8,000 $60,000 (including undergraduate loans)

Loan Requirements

Entrance & Exit Counseling:

If you accept your Federal Perkins loan award, you must complete the entrance counseling through Student Debt Management before funds can be paid.

If you are graduating or leaving the University, you must complete the exit counseling through Student Debt Management.

These online counseling sessions will provide your rights, responsibilities, repayment, consolidation, deferment, forbearance, and default information.

Master Promissory Note (MPN):

If you accept your Federal Perkins loan award, you must complete the master promissory note (MPN) before funds can be paid. You can access the Perkins MPN through Student Center of the UCD Access Portal.


Federal Perkins Loans can be consolidated with other federal loans


  • If you are enrolled at least half-time, payments are deferred while you’re in school. Interest is also deferred.
  • 9-month grace period before repayment begins. Interest does not accrue during the grace period.
  • You may pre-pay at anytime without penalties.
  • If you have a loan in grace and are ordered to active duty, you are eligible to have one or more military extensions of the grace period, for up to three years. This includes the time necessary to resume enrollment at the next available enrollment period. If you are called to active duty during the initial grace period, a new nine-month initial grace period can be granted upon completion of the excluded period.
  • Interest is not charged during deferment periods.
  • Please contact Student Debt Management at 303-315-1828 for repayment information and deferment or forbearance options
  • Additional information is available on the U.S. Department of Education's Repaying Your Loans page.
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