Question

What is the total amount of money students can receive through the perkins loan?

Answer 1

$5,500 for each year of undergraduate study. The total amount allowed for undergraduates is $27,500. $8,500 for each year of graduate/professional studies. The total amount allowed for graduate/professional students is $60,000, including Federal Perkins Loans you borrowed as an undergraduate.

Answer 2

Answer:

$27,500

Explanation:

$5,500 for each year of undergraduate study. The total amount allowed for undergraduates is $27,500. $8,500 for each year of graduate/professional studies. The total amount allowed for graduate/professional students is $60,000, including Federal Perkins Loans you borrowed as an undergraduate.