UW students may see gap in aid after the demise of a popular student loan program
By Jessica Lipaz | Feb. 6, 2018The Perkins Loan Program, which provided $25.4 million in low-interest loans to UW System students, has expired, with seemingly little hope of congressional renewal in sight. The program offered unique financial services to students, offering a comparably low interest rate of five percent and a nine-month grace period after graduation before payments begin, all without requiring any annual funding, as all loans given are provided by those already paid back. “Eliminating this program, to put it clearly, will affect who can and cannot go to college,” said Nick Webber, government relations director for the UW System Student Representatives.






















