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uNeed-based federal student loan
uThe FAFSA must be completed
uLHU is the lender
u5% fixed interest rate
uRepayment begins 9 months after the student graduates or falls below half-time enrollment
uEligibility is determined by the college
Federal Perkins Loan
Students must indicate whether they are interested in student loans like the Federal Perkins Loan in Step One of the FAFSA.
Eligible LHU students typically receive $1000-$2000 per academic year.