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Financial Aid and Scholarships
205 Administration Bldg.
University of TN at Martin
Martin, TN 38238
Phone:(731) 881-7040
Fax: (731) 881-7036
Interim Director: Sheryl Frazier
faquestions@utm.edu
Office Hours: 8:00 am – 5:00 pm,
Monday–Friday

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Financial Aid and Scholarships Office –  Federal Perkins Loans

 

The Federal Perkins Loan is a low interest (5%), long-term loan to help pay for your educational expenses such as tuition, fees, room and board and books. These loans are made to undergraduates through the Financial Aid and Scholarships Office. They are awarded based on need and are awarded on a first-come-first-serve basis. Persons apply by completing a Free Application for Federal Student Aid (FAFSA)

  • The student may borrow a total of up to $4,000 per year as an undergraduate up to a total of $20,000
  • Once you are offered this loan, you can accept it in Banner Self Service and complete the necessary forms as indicated.  The Perkins Loan Officer will contact you regarding the promissory note you will be required to sign.