{"id":1127,"date":"2012-08-16T10:40:26","date_gmt":"2012-08-16T17:40:26","guid":{"rendered":"http:\/\/newwww.hmc.edu\/admission\/?page_id=1127"},"modified":"2025-07-07T16:13:15","modified_gmt":"2025-07-07T23:13:15","slug":"federal-perkins-loan","status":"publish","type":"page","link":"https:\/\/www.hmc.edu\/admission\/afford\/education-loans\/loans-for-students\/federal-perkins-loan\/","title":{"rendered":"Federal Perkins Loan"},"content":{"rendered":"\n<div class=\"wp-block-mudd2021-right-sidebar right-sidebar\" id=\"right-sidebar\">\n<h2 class=\"wp-block-heading\">Afford Resources<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/npc.collegeboard.org\/student\/app\/hmc\">Net Price Calculator<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/connect.hmc.edu\/portal\/app_status\" data-type=\"link\" data-id=\"https:\/\/connect.hmc.edu\/account\/login\">HMC Applicant Hub &#8211; For Applicants and Admitted Students<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/myfinaid.hmc.edu\/\">Financial Aid @ HMC Portal &#8211; For Current Students<\/a> <\/li>\n\n\n\n<li><a href=\"https:\/\/www.hmc.edu\/admission\/category\/announcements\/\">Admission and Financial Aid Announcements<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.hmc.edu\/admission\/afford\/applying-for-financial-aid\/\" data-type=\"link\" data-id=\"https:\/\/www.hmc.edu\/admission\/afford\/applying-for-financial-aid\/\">Applying for Financial Aid<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.hmc.edu\/admission\/afford\/applying-for-financial-aid\/downloadable-forms\/\">Downloadable Forms<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/hmc.joinhandshake.com\/login\">Handshake&nbsp;Job Search<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/cssprofile.org\/\">CSS Profile<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/studentaid.gov\/h\/apply-for-aid\/fafsa\">Free Application for Federal Student Aid (FAFSA)<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/idoc.collegeboard.org\/idoc\/\">Institutional Documentation Service (IDOC)<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/studentaid.gov\/\">studentaid.gov<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/studentaid.gov\/exit-counseling\/\">Direct Loan Exit Counseling<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/drive.google.com\/file\/d\/1eZsuJxWfd8lyNH7XfzjFL1BxfuPyVrVu\/view?usp=drive_link\" data-type=\"link\" data-id=\"https:\/\/drive.google.com\/file\/d\/1eZsuJxWfd8lyNH7XfzjFL1BxfuPyVrVu\/view?usp=drive_link\">Direct Loan Exit Counseling Guide (PDF)<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.hmc.edu\/dean-of-faculty\/higher-education-opportunity-act-heoa\/\">Consumer Information Disclosures<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.hmc.edu\/admission\/afford\/other-resources\/outside-and-private-awards\/\">Outside and Private Awards<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/drive.google.com\/file\/d\/17qXnNu_SCwQ7aFFRP3qodIcliUIT0hNB\/view?usp=drive_link\" data-type=\"link\" data-id=\"https:\/\/drive.google.com\/file\/d\/17qXnNu_SCwQ7aFFRP3qodIcliUIT0hNB\/view?usp=drive_link\">Understanding Your Financial Aid Offer (PDF)<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/drive.google.com\/file\/d\/1h75NwKe1WnZ1hqBb6Na3CcYZJdkv_Tuj\/view?usp=drive_link\" data-type=\"link\" data-id=\"https:\/\/drive.google.com\/file\/d\/1h75NwKe1WnZ1hqBb6Na3CcYZJdkv_Tuj\/view?usp=drive_link\">Federal Direct Loans (PDF)<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.hmc.edu\/admission\/connect\/contact-admission-and-financial-aid\/\">Contact Financial Aid<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/onbase-forms.cuc.claremont.edu\/appnetob\/UnityForm.aspx?d1=AexpO%2bs17dy7efamHzzbb90m%2fhI9XW9ecKmFpP3JvgX2B4YD%2b%2b3x1RLy5w3D%2b1%2fi9PbVQ6NbFBUOEbm9v0KyfRiGrv1m0bvmxSB%2bOHvxYDeHVWKJQWheG1c%2fz3bzVJYWWnut8ML5lF5nojEGAKxPMmN5%2fWUrEvWlxMwZcg1Zk4Z5EEWIRRuf5OVlMkKyL0Fvqcgy5p3szZHSxTcY%2bokrHhCU3UgkBTwd34bk0XGK%2fObfYOPeokdJ559bNkDoh5Z4c4RUR%2bbbHJgOgkI%2blRfcWHg%3d\" data-type=\"link\" data-id=\"https:\/\/onbase-forms.cuc.claremont.edu\/appnetob\/UnityForm.aspx?d1=AexpO%2bs17dy7efamHzzbb90m%2fhI9XW9ecKmFpP3JvgX2B4YD%2b%2b3x1RLy5w3D%2b1%2fi9PbVQ6NbFBUOEbm9v0KyfRiGrv1m0bvmxSB%2bOHvxYDeHVWKJQWheG1c%2fz3bzVJYWWnut8ML5lF5nojEGAKxPMmN5%2fWUrEvWlxMwZcg1Zk4Z5EEWIRRuf5OVlMkKyL0Fvqcgy5p3szZHSxTcY%2bokrHhCU3UgkBTwd34bk0XGK%2fObfYOPeokdJ559bNkDoh5Z4c4RUR%2bbbHJgOgkI%2blRfcWHg%3d\">Submit Requested Document(s) Online<\/a><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Personal Information in Emails<\/h2>\n\n\n\n<p>Be sure to redact all personal identifiable information (PII), such as, social security numbers, date of birth, etc. when sending documents via email.<\/p>\n<\/div>\n\n\n\n<p>The Federal Perkins Loan is designed to assist students with low family incomes and exceptional financial need. It offers a low-interest rate and more generous repayment terms than the other federally sponsored student loan programs.<\/p>\n\n\n\n<p class=\"mudd-highlighted-content\">Due to the Federal Perkins Loan Program Extension Act of 2015 (The Extension Act), enacted on December 18, 2015, the Federal Perkins Loan Program expired on September 30, 2017 and <strong>no new loans are being offered to students.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Interest Rate<\/h2>\n\n\n\n<p>Fixed at 5 percent.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">When to Repay<\/h2>\n\n\n\n<p>Repayment begins and interest begins to accrue at nine months after graduation, withdrawal or less than half-time enrollment. No interest accrues on Federal Perkins Loans while the borrower is enrolled at least half-time.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Perkins Loan Exit Interview<\/h2>\n\n\n\n<p>If you are graduating, taking a leave of absence or enrolling less than half-time, federal regulations require you to complete an exit interview counseling session with the student loan specialist at:<\/p>\n\n\n\n<p>Student Loans\/Collection Office of Financial Services<br \/>The Claremont Colleges Services (TCCS)<br \/>101 South Mills Avenue<br \/>Claremont, CA 91711<\/p>\n\n\n\n<p>Complete the <a href=\"https:\/\/drive.google.com\/file\/d\/0B0EaeZ2ygD5_N2x3emRwM1RDaDg\/view?usp=sharing\">exit interview personal information<\/a>&nbsp;(PDF) form before meeting with the student loan specialist. You can contact the student loan specialist at <a href=\"tel:+19096218271\" class=\"phone\">909.621.8271<\/a> for more information.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Making a Payment for Your Perkins Loan<\/h2>\n\n\n\n<p>If you want to make an online payment for your Perkins Loan, visit <a href=\"https:\/\/heartland.ecsi.net\/\">Heartland ESCI<\/a>, the loan servicer that Harvey Mudd uses to process Perkins Loan payments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Perkins Loan is designed to assist students with low family incomes and exceptional financial need. It offers a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":731,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-1127","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/pages\/1127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/comments?post=1127"}],"version-history":[{"count":3,"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/pages\/1127\/revisions"}],"predecessor-version":[{"id":28266,"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/pages\/1127\/revisions\/28266"}],"up":[{"embeddable":true,"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/pages\/731"}],"wp:attachment":[{"href":"https:\/\/www.hmc.edu\/admission\/wp-json\/wp\/v2\/media?parent=1127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}