Fafsa related question…?

Actually the loan is funded through the govt but the school administers the loan, so you are either paying the school or someone they have contracted with to collect the payments.

The government lends the Federal Perkins Loan. It is the best student loan to get because it has a low interest rate and the government will pay your interest for it as long as you stay enrolled in school. You also don’t need a cosigner for it. You can find out more here:

http://www.studentfinancedomain.com/student_loans/perkins_student_loans.aspx

Hope this helps!

I typed in “perkins loan” for a Yahoo search and this is the first link that came up. It gave the answer: Your school is your lender. The loan is made with government funds with a share contributed by the school. You must repay this loan to your school.

The U.S government.