A government loan option for IU students who show financial need
If you’re an undergraduate or graduate student and your Expected Family Contribution shows that you need money to pay for your education, you’ll be considered for a Federal Perkins Loan. You must also file your FAFSA each year and meet the eligibility requirements:
- You must be enrolled at least half-time.
— Undergraduate half time: six credit hours
— Graduate half time: four credit hours
- You must be a U.S. citizen or national, a U.S. permanent resident, or an eligible noncitizen.