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Federal Perkins Loans
Federal Perkins Loans have very low interest rates and are reserved for students who are in extreme financial needs.
These loans give the students the chance to defer payments up to 9 months upon graduation or part time status.
Unfortunately, the amount of funds available for Perkins Loans is very limited. If you are recipient of this loan, you most likely require to apply for private loans to supplement it as the amount you receive from this federal loan is very little.
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