This loan is offered through the federal campus-based aid program. It is awarded to matriculated students with financial need. Payment is owed to the school that awarded the loan. Interest on this loan does not accrue while you are in school and during your initial grace period. You must maintain at least half-time status (6 credits) to defer repayment. Repayment begins 9 months after you graduate or fall below 6 credits. Interest rates during repayment are locked at 5%. For further information regarding repayment: SUNY Federal Perkins Loan Program Borrower's Guide

Undergraduate students- up to $5,500 a year

Graduate students- up to $8,000 a year

Amount actually received depends on financial need, amount of other aid, availability of funds at school.

1.  File a FAFSA.
Note:  Priority consideration is given to students who file their FAFSA by March 1st.
2.  Submit all financial aid documents being requested by the Office of Financial Aid and Scholarship Services.
3.  Accept the offered loan in your financial aid award package.
4.  If a first time borrower at Stony Brook, a Perkins Master Promissory note must also be completed.