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How to fill out federal perkins promissory note

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How to Fill Out Federal Perkins Promissory Note:

01
Obtain the Federal Perkins Promissory Note form from your school's financial aid office or website. It is also available on the Federal Student Aid website.
02
Read the instructions carefully to understand the terms and conditions of the promissory note.
03
Provide your personal information accurately, including your name, address, Social Security number, and date of birth.
04
Indicate the academic year for which the promissory note is being completed.
05
Fill in your enrollment status, such as full-time or part-time.
06
Provide information about your loan amount, including the total principal and any interest capitalized.
07
Enter the interest rate on the loan.
08
Indicate the terms of repayment, including the number of monthly installments, the amount of each installment, and the due date for the first payment.
09
Sign and date the promissory note.
10
Submit the completed promissory note to your school's financial aid office or follow their instructions on returning it.

Who Needs Federal Perkins Promissory Note:

01
Students who have been approved for Federal Perkins Loans are required to fill out a Federal Perkins Promissory Note.
02
This includes undergraduate and graduate students who demonstrate financial need and meet the eligibility criteria.
03
The promissory note is a legally binding agreement between the borrower and the school, outlining the terms and conditions of the loan repayment.
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