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  • Federal Perkins Loan Assignment Form Omb No. 1845-0048 ... - Ifap Ed

Get Federal Perkins Loan Assignment Form Omb No. 1845-0048 ... - Ifap Ed

Print Form According to the Paperwork Reduction Act of 1995 no persons are required to respond to collection information unless such collection displays a valid OMB control number. The valid OMB control number for this information collection is 1845-0048. The time required to complete this information collection is estimated to average 30 minutes per response including the time to review instructions search existing data resources gather the data.

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How to fill out the Federal Perkins Loan Assignment Form OMB No. 1845-0048 online

Filling out the Federal Perkins Loan Assignment Form OMB No. 1845-0048 is an essential step for institutions participating in the Federal Perkins Loan Program. This guide provides clear, step-by-step instructions to help users complete the form accurately and efficiently.

Follow the steps to complete the form with ease.

  1. Press the ‘Get Form’ button to obtain the assignment form and open it in your preferred online editor.
  2. In Section A, provide the institutional information. Enter the name of the institution, followed by the OPEID number, street address, city, state, and ZIP code.
  3. Move to Section B for certification. The authorized institutional official should type their name, include a telephone number, and provide their title. There should also be space for an alternate contact person.
  4. In this section, the authorized institutional official must sign the form and enter the certification date in the specified MM/DD/YYYY format. Ensure that all provided information is accurate to avoid legal repercussions.
  5. Proceed to Section C: Manifest. Attach a separate manifest detailing the loans being assigned, ensuring that each page lists the institution's name and OPEID number at the top.
  6. On the manifest, specify the borrower's name, Social Security number, loan type (indicate P, I, or E), interest rate, total amount outstanding, and the date of the first disbursement for each loan being assigned.
  7. Review all sections and the manifest for completeness and accuracy before submitting. Make sure the date of first disbursement matches the initial report to NSLDS.
  8. Once all information is filled out and verified, save your changes, and either download, print, or share the completed form as needed.

Complete your Federal Perkins Loan Assignment Form online today for a smooth submission process.

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LOAN ASSIGNMENT FORM. OMB-1845-0048. Federal Perkins Loan Program Assignment Form – General Instructions. The U.S. Department of Education (the Department) is authorized to accept Federal Perkins Loan (Perkins Loan) assignments under Section 463(a)(5) of the Higher Education Act of 1965, as amended [20 U.S.C.

Log in to StudentAid.gov using your FSA ID (account username and password) and select "My Aid” under your name. My Aid displays information on all federal loan and grant amounts, outstanding balances, loan statuses, and disbursements.

Perkins loans that are privately held are not eligible for Biden's student-loan forgiveness. However, Perkins loans are forgiven in full after five years of full-time work in the following professions: Teacher at a public or nonprofit school (some part-time teaching work qualifies for forgiveness)

A Perkins loan is a type of federal student loan based on financial need. A Perkins loan is a subsidized loan, meaning that the federal government pays the loan's interest while you are in school. Under federal law, the Perkins loan program ended and are no longer available to students.

FFEL and Perkins loans are slightly different than other federally backed student loans as these are owned by private banks, but guaranteed by the government. The banks earn revenue from servicing and maintaining those loans. So if the loans are forgiven, the banks will lose out on that income.

Nothing really. Students with financial need must rely on Pell Grants, Federal Supplemental Educational Opportunity Grants (FSEOG), college aid awards, work-study, subsidized federal student loans, or private loans. Pell Grants do not need to be repaid.

You may be eligible to have all or a portion of your Federal Perkins Loan canceled (based on your employment or volunteer service) or discharged (under certain conditions). Learn more to see whether you are eligible and how to apply.

Perkins loan holders who work in a public service position are eligible to have their student debt partially or fully erased through a federal forgiveness program after working in approved public service jobs and making qualifying payments.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232