What is a Perkins loan?
Get the latest Flash player
What is a grant and how does it differ from a scholarship?
How do I find scholarships at my college?
How do I find private scholarships?
What is the difference between merit & need-based scholarships?
What is federal work study and how does it differ from other types of employers?
What is the difference between the William D. Ford direct loan & the Stafford loan?
What is the difference between subsidized & unsubsidized direct or Stafford loans?
What is a Perkins loan?
What is a Parent Plus loan?
My parents don't qualify for the Parent Plus loan. What can I do?
What sources of free money are available to graduate students?
What is a grant and how does it differ from a scholarship?
What is FAFSA?
Are there any differences in the aid process between public & private colleges?
Why does my financial aid award notice say, "preliminary?"
I've never developed a budget before. How do I do that?
Understanding College Financial Aid
Reduce Homework Stress By Focusing
Reduce Stress to Increase School Performance
How To Encourage Boys To Enjoy Reading
Avoid Calculator Dependency In Students
How to Make Yourself Irreplaceable at Work
The Keys to Remembering What You Read
Tips For Helping Reluctant Readers
Managing Perfectionism In Children
Managing Parent Homework Help
Motivate Your Student With Praise
The Academic Benefits of Family Meals
Caring for a Cold in College
<span><font><font>Brad received his Bachelor of Science degree from Southern Arkansas University, with a major in Psychology and a minor in Business.<span> </span>He furthered his education by graduating from the Medical College of Virginia at Virginia Commonwealth University with a Master of Science degree in Rehabilitation Counseling, specializing in Mental Health.<span> </span>He has been involved in the financial aid and/or rehabilitation professions for the past 15 years.</font></font></span><span><font> </font></span><span><font>Brad, a Past President of the Virginia Association of Student Financial Aid Administrators (VASFAA), currently serves as the Senior Associate Director of Financial Aid & Scholarships for James Madison University.<span> </span>Immediately prior to JMU, he served as an Assistant Director of the Financial Aid Office at Virginia Commonwealth University.<span> </span>Brad has presented numerous sessions at state, regional, and national conferences, and has served on a variety of association committees.<span> </span>In addition to speaking at professional conferences, Brad has conducted an abundance of workshops and presentations in non-conference environments, including teaching a credit based financial literacy course at JMU entitled “Dollars and Sense.”<span> </span>Many of the topics Brad’s speaks on include communication, leadership, values, financial aid policies and procedures, financial literacy, and saving for college.<span> </span>He has also facilitated strategic planning and value development retreats.</font></span>
What is a Perkins loan?
Host: What is a Perkins loan?
Brad Barnett: Perkins loan has been considered for many years as probably the best student loan out there. It is a Federal Student Loan. It has a fixed interest rate of 5%, so it's not going to change regardless of what happens in the economy and it's completely deferred until 9 months, after the students starts going to school at least half time and you don t charged any interest during that period.
Transcripts
Host: What is a Perkins loan?
Brad Barnett: Perkins loan has been considered for many years as probably the best student loan out there. It is a Federal Student Loan. It has a fixed interest rate of 5%, so it's not going to change regardless of what happens in the economy and it's completely deferred until 9 months, after the students starts going to school at least half time and you don t charged any interest during that period. You only start getting charged interest when go into repayment. So, if take at out a loan, your Freshman year and you go through school at least half time and then you graduate and then 9 months later, you will start paying it back.
Now, the important thing to know with Perkins loan is, it's a limited fund. Some schools don t even have Perkins Loan Money available, but if you are going to an institution and they offer you a Perkins loans and you need a loan, then you want to consider a Perkins before you look at anything else and you probably want to try to accept it as quickly as possible before the school runs out of money.
What is a financial aid award notice?
Why does my financial aid award notice say, "preliminary?"
I have received my official financial aid award notice. Now what?
What should I do if my financial aid is not enough?
Am I required to tell the financial aid office of any private scholarships I receive?
Understanding College Financial Aid
What is financial aid?
Is there a deadline to apply for financial aid or submit my FAFSA?
Do I have to apply for financial aid every year?
Scholarship-Listings.com by Scholarshiper at 08/03/08 11:10PM Flag
Scholarship-Listings.com offers great free scholarships that college students can apply for. Check it out!
(Add Comment)