Welcome to the Perkins Loan Program home page (formerly National Direct Student Loan - NDSL). If you need assistance with finding information or have suggestions for improving our services, please contact us.
COVID-19: Important Information about the Student Loan Interest Freeze
The student loan interest freeze implemented by the President of the United States only applies to loans that are directly held by the Department of Education. If you make your loan payments to UT-Austin, your loan is NOT directly held by the Department of Education. Therefore, an interest freeze and an automatic forbearance will not be applied to your student loan(s). You are required to continue making your student loan payments as scheduled.
If you are experiencing financial hardship, you may be eligible for an Economic Hardship Deferment, Unemployment Deferment or Forbearance for your Perkins loan(s) depending on your circumstance. Please contact Loan Services for further details at: firstname.lastname@example.org.
If you would like to take advantage of the loan interest freeze benefit and currently have a Federal Perkins loan serviced by the University of Texas at Austin, you may consolidate your Federal Perkins Loan into a Direct Consolidation Loan held by the Department of Education. Please note that you may lose certain loan benefits if you consolidate a Federal Perkins Loan. For more information about Direct Loan Consolidation go to: https://studentaid.ed.gov/sa/repay-loans/consolidation.