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FEDERAL PERKINS LOAN MASTER PROMISSORY NOTE OMB No. 1845-0074 Form Approved Expiration Date 06/30/2009 Section A: Borrower Section 1. Name (last, first, middle initial) and Permanent Address (street,
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The Federal Perkins Loan Program provides low-interest loans to help students finance their postsecondary education. The Perkins Loan Master Promissory Note is a legal document that outlines the terms and conditions of the loan agreement between the student borrower and the school.
All students who are awarded a Federal Perkins Loan are required to file the Perkins Loan Master Promissory Note. This includes undergraduate, graduate, and professional degree students.
To fill out the Federal Perkins Loan Master Promissory Note, students need to contact their school's financial aid office. The office will provide the necessary forms and guide the student through the process.
The purpose of the Federal Perkins Loan Master Promissory Note is to establish the legal obligations between the student borrower and the school regarding the repayment of the loan. It ensures that both parties understand their rights and responsibilities.
The Federal Perkins Loan Master Promissory Note requires the student borrower to provide personal information, such as their name, address, social security number, and contact details. It also includes information about the loan amount, repayment terms, and any applicable interest rates.
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