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
Graduate or Professional
|up to $8,000
||$60,000 (including undergraduate loans)|
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.