Federal Perkins Loan

The Federal Perkins Loan is a Federal loan based on financial need.

  • Students must be accepted/enrolled in an undergraduate degree program.
  • All Villanova students must follow and complete the appropriate instructions to apply for financial assistance to be considered for this loan program.
  • The Perkins Loan is a 5% interest loan and becomes payable nine months after leaving the University, or nine months after the student is no longer enrolled at least half-time.  More information about the conditions of this loan is available on the campusoncall website.
  • Entrance and Exit interviews for Federal Perkins Loans are required by federal law.
  • No payments will be made to the student's account until all requirements, including Promissory Note and Entrance Interview, have been completed by the student borrower.
  • A hold may be placed on a student's transcript if the student does not complete the exit interview.
  • If you have any questions about the Federal Perkins Loan, please send us an e-mail with your question, name, and Villanova University number to finaidloan@villanova.edu.
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students in classroom
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Other Lending Options

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. Life insurance is included to cover the bill payer, along with a variety of other benefits.

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.