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You are here: Home / Types of Aid / Loans / Federal Perkins Loan / How to Repay or Defer Perkins Loan Payments

How to Repay or Defer Perkins Loan Payments

Repayment begins after your nine-month grace period. The grace period will begin any time you are not enrolled at least half-time (with the exception of summer). For most students the grace period begins after graduation.

Perkins loan repayments are made to Penn State. If you cannot make payments on your loan after the nine-month grace period, you may be able to postpone repayment by pursuing deferment or forbearance. For more information view the repayment information on the Office of the Bursar's site. 

Penn State Federal School Code

003329

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