Federal Perkins Loan Program (Federal Student Loan)
A Federal Perkins Loan is a low-interest (5 percent APR) loan for both undergraduate and graduate students. A student does not begin paying back the loan until nine (9) months after graduation or separation from the College. This loan is awarded by the Financial Aid Office and is serviced by Campus Partners. Campus Partners will contact you via your Dickinson email address to complete the entrance counseling and MPN (Master Promissory Note) online. If a student continues their education by enrolling in another college or graduate school, the student is responsible for deferring the loan(s) until after graduation. The student must be enrolled as at least a half-time student and will be required to notify Dickinson College of their on-going educational enrollment of at least half-time status each semester to retain a deferral on the Federal Perkins loans. Proof of registration in another educational institution will be required. Deferment forms may be obtained by accessing Campus Partners. Search the "Forms for Borrowers" to select the necessary form(s) based on the request (deferment, forbearance, etc).
The Abe and Cora Hurwitz Student Loan Program
The Abe and Cora Hurwitz Student Loan is a low-interest (5 percent APR) loan that is awarded by the Financial Aid Office to selected students and is serviced by Campus Partners. Similar to the Federal Perkins Loan, interest does not accrue on this loan until graduation occurs or matriculation ends at Dickinson College. After a 6 (six) month grace period, the monthly payment will be at least $40.00 [including both principle and interest, and will extend no more than a maximum of ten years (120 months) for repayment.]
For more information, you can call the Student Accounts Office by dialing 717-245-1953 or e-mail at firstname.lastname@example.org.