As the Federal Perkins Loan Program winds down, it’s important to be aware of the status of the program and the latest compliance requirements for loans that have been in default for two or more years.
The U.S. Department of Education Federal Student Aid (FSA) office issued updated guidance related to the conclusion of the Federal Perkins Loan Program on August 27, 2021. This guidance includes certain actions that higher education institutions must take. The original due date for these