The current Federal Perkins Loan is a fixed five percent subsidized loan for both undergraduate and graduate students with extreme financial need. Currently, Emory & Henry College has a third party servicer for this loan based on funds being repaid by earlier Perkins recipients who attended Emory & Henry College.
Since these funds are campus-based, Emory & Henry College limits eligibility based on availability of funds and level of need. Awards will be limited to a maximum of $3,000 annually with priority given to undergraduate Pell recipients. Student recipients are directed at the appropriate time to complete the online promissory note and entrance counseling.