Northern State University Federal Perkins Loans
Grace period: 9 months
Grace period interest: No
Maximum term: 120 months
Interest rate: 5%
NSU Federal Perkins Loan Office
P.O. Box 994
1200 S. Jay St.
Aberdeen SD 57401
Krikac Administration Building
Federal Perkins Loan is a federally funded program providing long-term low-interest loans for students who demonstrate financial need. Interest does not accrue on the loan and there is no repayment while the student is enrolled at least half time. Repayment begins nine months following graduation, withdrawal, or enrollment less than half-time status. The amount of funds available for current NSU students depends on the repayment of the previous NSU Federal Perkins Loan borrowers. If you encounter difficulties, please contact our office immediately to resolve any problem.
Current and recent NSU students will find additional information and resources on myNSU