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Federal Perkins Loan

The Student Loans Staff in the Bursar’s Office is primarily responsible for collecting all Federal Perkins Loans. The department must follow federal due diligence guidelines, which includes mailing monthly statements, contacting borrowers, reporting accounts to credit bureaus, referring accounts to collection agencies, litigating accounts, and assigning accounts to the United States Department of Education.

Exit Requirements – Exit Counseling for Perkins Loans must be completed when a student is graduating, no longer attending the University, or is enrolled less than half-time. If the Exit Counseling is not completed by the Perkins Loan Staff, a hold is placed on the student’s account until the exit counseling is completed.

Grace Period and Billing – After a Perkins Loan borrower graduates, leaves school, or drops below half-time enrollment, he or she has a grace period of nine months before beginning repayment. Perkins Loan statements are mailed each month, and these payments are due on the 1st of each month. Payments received after the due date are accessed a late fee.

If you do not receive your statement, your payment is still due.

Repayment Information for Federal Perkins Loans – The standard repayment period is ten years, not including any deferment periods. The minimum monthly payment is $40.00 and it may be higher depending on the amount of Perkins loan money borrowed. Repayment is made directly to the Student Loans staff located in the Office of Student Accounts and begins on the month following the grace period end date. You may pre-pay your loan without interest penalty.

Pay in the Office – Payments can be made to the Student Loans Staff in the Office of Student Accounts with cash, check, or money order.

Pay Online at
Your username will be your EagleID. Your initial password will be your EagleID$. For example, if your EagleID is 900999999, then your initial password will be 900999999$. You will be asked to verify your birthday and change your password after a successful login.

Pay by Mail – Check and money order payments can be mailed to the address below. Please be sure to include your Eagle ID number on the check or money order and state that it is a Perkins Loan payment.
Georgia Southern University
Perkins Loan Office
P. O. Box 8119
Statesboro, GA 30460-8119

Be sure to include your name, address, phone number and Eagle ID on all communications.

Deferment – A deferment allows the temporary postponement of principal payments and in some cases interest. Each deferment has different criteria you must meet in order to receive the benefit. If you believe that you are eligible for a deferment, please call 912-478-1264. It is the borrower’s responsibility to file the request for deferment on a timely basis. Failure to submit the deferment forms by the due date set by the institution may result in the reporting of past due information to the Credit Bureau regarding your account. Please remember it is your responsibility to contact our office to apply for a deferment.

Deferment Request Forms
In-school Deferment Request
Unemployment Deferment Request
Economic Hardship Deferment Request
Military Service and Post-Active Duty Student Deferment Request

Forbearance – A forbearance is a temporary postponement of payments granted to borrowers who are experiencing financial hardship, poor health, or for other acceptable reasons. The borrower may alternatively request an extension of time allowed for making payments or the acceptance of smaller payments than were previously scheduled. Unlike deferment, interest continues to accrue during the period of forbearance. Borrowers must request forbearance in writing, providing supporting documentation of the reason for forbearance. Both the borrower and the school must agree upon the terms of the forbearance. Failure to submit the request and documentation by the due date set by the institution may result in the reporting of past due information to the Credit Bureau regarding your account. If you believe that you are eligible for a forbearance, please call 912-478-1264. Please remember it is your responsibility to contact our office to apply for a forbearance.

General Forbearance Request Form

Cancellation – A borrower may have all or part of his/her Perkins loan (including interest) cancelled for engaging in teaching, public service, service in the Peace Corp or ACTION, or service in the military. Perkins Loans can also be cancelled because of total and permanent disability or because of death. Please call 912-478-1264 for more details.

Last updated: 8/10/2021