On December 18, 2015, the Federal Perkins Loan Program Extension Act of 2015 was passed. Due to this legislation, the Federal Perkins Loan Program will only be available through September 30, 2017.
The Federal Perkins Loan is a Federal loan based on financial need.
**IMPORTANT NOTICE ABOUT THE FEDERAL PERKINS MASTER PROMISSORY NOTE:
As of May 10th, the FAFSA replaced the 4 Digit PIN Number with a FSA ID Username and Password for security purposes and to simplify and streamline the application process (please visit http://www1.villanova.edu/villanova/enroll/finaid/process/undergrads/step1.html for more information and instructions). Due to this change, students will now authenticate their identity using credit criteria, similar to what you would see when you access your credit report. In cases where the student does not have that criteria, ACS will not be able to authenticate their identity. Therefore the student will receive the message, “I’m sorry. Your identity was not able to be verified based on the information you provided. Consequently, your promissory note HAS NOT been signed. Please select the Print Document(s) below to print and sign your document and present the signed paper form(s) to the office listed below.” Click on the Print Promissory Note button, print and complete the documents, and mail it to:
Office of Financial Assistance
800 East Lancaster Avenue
Kennedy Hall, Second Floor
Villanova, PA 19085
Villanova Tuition Payment Plan
For full time undergraduate students, the Villanova Tuition Payment Plan, offered through Tuition Management Systems (TMS), allows you to spread your balance out over 10 months for a small fee.
TMS also offers a plan for students in Graduate and Part time studies programs to pay over 3 monthly payments in the amount of your choice.
Private Educational Loan Programs
Private Educational Loans are administered by private lenders and there are a variety of lending institutions that offer these. You should first apply for a Direct Subsidized/Unsubsidized Loan and then consider the Direct PLUS Loan (if the student is dependent) or the Direct Graduate PLUS (if the student is a graduate student) and then, if additional funding is needed, apply for one of these loans.