Federal Perkins Loan Terms and Interest Rate
| Grace period | 9 months |
| Grace period interest rate | 0% |
| Maximum term | 120 months |
| Interest rate after grace period | 5% |
Once you leave APSU, you will have a nine-month grace period during which no interest will accrue on your Perkins Loan. At the end of the grace period, you will have a maximum of 10 years (120 months) to pay off your Perkins Loan. During repayment, interest on your principal balance will accrue. The current interest rate is listed above.
Austin Peay State University | Addresses | Clarksville, TN 37044 | 1-877-861-APSU | (931) 221-7011
Comments? | Emergency Notification
| Ask "The Gov" | Employee Login | Jobs at APSU | 
APSU does not discriminate on the basis of race, color, national origin, sex, disability, or age.
For inquiries regarding nondiscrimination policies, contact | Non-Discrimination Policy
Comments? | Emergency Notification
| Ask "The Gov" | Employee Login | Jobs at APSU | APSU does not discriminate on the basis of race, color, national origin, sex, disability, or age.
For inquiries regarding nondiscrimination policies, contact | Non-Discrimination Policy