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Financial aid administrators match-up your college funding requirements with whatever grants, scholarships and loans are available to tackle your bills.If your ability to pay for school is significanly hindered by your economic background, Perkins loans bridge the affordability gap that remains after all other forms of financial aid are exhausted.Families with annual incomes below ,000 usually qualify for Perkins Loans.

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The application gathers data about your family and finances.Income, assets, number of familiy members and other relevant points are compiled to create a comprehensive snapshot of your family’s ability to contribute to your higher education expenses.

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