Perkins Loans

The Federal Perkins Loan Program provides low-interest loans to help needy students finance the costs of postsecondary education. The Perkins Loan is a Federal loan with a fixed interest rate of 5%. No interest is charged nor is repayment required while the borrower is enrolled at least half-time in a degree-seeking program.

The Federal Perkins Loan, combined with other need-based aid, cannot exceed the student's cost of attendance minus the Expected Family Contribution (EFC). The EFC is based on information collected from the Free Application for Federal Student Aid (FAFSA). Results of the FAFSA must be received at UCF by March 1st to meet our priority deadline date.

All recipients of the Federal Perkins Loan will be required to complete a promissory note. (Please refer to your MyUCF To Do List.)

If you have questions regarding your Perkins Loan, please call our billing servicer Affiliated Computer Services (ACS) toll-free at (800) 826-4470. If you would like to view your account, make a payment, change your billing address or download forms, you can log on to the ACS Web site at