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Student Financial Aid


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Loans - Federal Perkins Loans

Federal Perkins Loans are subsidized, low-interest (5 percent) loans that must be repaid; the maximum annual loan amount is $5,500 for undergraduate students and $8,000 for graduate students.

You do not have to apply separately for the Federal Perkins Loan. However, you must file a Perkins Master Promissory Note to receive this loan. The MPN can be completed on MaineStreet when you accept your loan and must be completed every year.

Perkins Loan Exit Counseling

When you stop attending school or if you drop below half time, you will need to complete exit counseling if you have borrowed a Perkins Loan.

*Source: www.fafsa.gov

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Contact Information

Student Financial Aid
5781 Wingate Hall
Orono, Maine 04469
Phone: (207) 581-1324 | Fax: (207) 581-3261E-mail: umfinaid@maine.edu
The University of Maine
Orono, Maine 04469
207.581.1865