Perkins Loan

Perkins Loans were low-interest student loans funded by the federal government and administered by Dominican University of California. However, as of September 30, 2017, the Federal Government has not renewed the Perkins Loan program and the program has expired. No new Perkins Loans may be issued.

After initially extending the Perkins Loan Program, the Federal Government has ended the Perkins Loan Program. No new Perkins Loans can be made after September 30, 2017.

Perkins loans have a 0% interest rate while you are enrolled in college at least half-time or above and during a nine-month grace period after you leave school.  Repayment begins at the end of the grace period and lasts for a period of ten years, during which interest is charged at 5.0%.  You can apply for a deferment if you enroll in graduate school, become unemployed, or meet other conditions specified on your promissory note.

Repayment

Perkins Loans from Dominican are serviced by University Accounting Services (UAS) who will coordinate repayment. If students have other federal loans, the student must make separate payments to each servicer.

For any issues regarding the current balance of the loan, payments, or to inquire about deferment/forbearance options, please contact:
University Accounting Service LLC
P.O. Box 918
Brookfield, WI 53008
844-870-8701
UASconnect@tsico.com
www.uasconnect.com

Perkins Loan Exit Counseling

Whenever a student who has taken a Perkins Loan at any time during their course of study drops below half-time enrollment, that student must complete Perkins Loan Exit Counseling. Exit Counseling is a training on the student's rights and responsibilities as a Perkins Loan borrower; however, this counseling has a greater focus on repayment as the student completes this prior to entering the grace period for repayment.

Perkins Loan Exit Counseling is not yet available as of November 7, 2017. Please return periodically as the Exit Counseling information will be posted here when its available.