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A Federal Perkins Loan, also referred to as a Perkins Loan, was a need-based student loan offered by U.S. Department of Education from 1958 until 2017. [1] Created as part of the Federal Direct Student Loan Program , the Perkins Loan served to assist American college students fund their post-secondary education .
The Carl D. Perkins Vocational and Technical Education Act was first authorized by the federal government in 1984 and reauthorized in 1990 (Perkins II), 1998 (Perkins III), 2006 (Perkins IV), and 2018 (Perkins V).
Federal small business grants for minorities 1. Grants.gov. ... FedEx launched its annual Small Business Grant Contest in 2012. In that time, the company has given away $1.5 million in cash prizes ...
Federal Perkins Loan (Perkins Loan) Program: This is a school-based loan program for eligible students with exceptional financial need. Students may qualify for a Perkins Loan of up to $8,000 each year depending on financial need, the amount of other aid received, and the availability of funds at the school.
The Federal Direct Loan Program has accumulated a very large outstanding loan portfolio of about $1.5 trillion and this number will continue to rise along with the percentage of defaults. A common concern associated with the program is the effect on the economy and repercussions for students that must repay these loans.
There is no single set of rules, forms or policies for the administration of federal grants and federal agencies utilize 191 different grant management IT systems, the news release stated.
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