In this section

Federal Perkins Loan Program

A Perkins Loan is a low-interest federal loan, administered by FIT and awarded to students with exceptional financial need. Repayment begins nine months after graduation or withdrawal from college.

Borrowing Amount: Varies
Current Interest: 5.0%
Fees: None
Deferral: Principal and interest.

You are considered for a Federal Perkins Loan automatically; however, once you have been offered the loan, you must complete a Perkins Loan Entrance Interview and sign and return a promissory note to the Office of the Bursar.

You must begin to repay your loan nine (9) months after you graduate, leave school, or drop below half-time enrollment status.


Adult Learners & Career ProfessionalsEmployers & IndustryAlumni: The Power of ConnectionFaculty & StaffCurrent StudentsParentsRecently Accepted Students FIT & NYCNews & EventsStudent Life at FITAdmissionsAcademicsAbout FIT See More of FITMy FITContact UsGive to FITTake a CourseApplyVisit FIT MyFIT Home