Federal Perkins Loan - Awards from this federal loan program range from $200 to $3000 per year at SRU. Repayment of this loan to SRU begins nine months after the student ceases to be enrolled on at least a half time basis. During the repayment period, the student will be charged five percent interest on the unpaid balance of the loan principal. Certain loan cancellation and deferment benefits for certain borrowers are available. Specific information about these provisions can be found on the federal student aid webpage (click on the "Repaying" tab).

Students who are awarded a Federal Perkins Loan will be required to sign a Perkins Loan Master Promissory Note.  Student borrowers will be notified by SRU's Office of Student Accounts when it is time to sign the note, and they will receive directions to go to the  website of our Perkin's Loan Servicer, ECSI.   Once on that site, students will click on the "Are You a Student" tab, and then "eSign a Promissory Note" link.