PERKINS: Help COHEAO Quantify Effects of Discontinuing the Perkins Loan Program

Dear Valued Colleague:

The battle surrounding the extension of the Perkins Loan Program is capturing headlines on a daily basis.   Earlier this week, U.S. Senator Charles Schumer promised that he’ll use his clout in the Senate to make sure the low-interest Perkins Loan Program for college students is included in the next federal budget.    As you are well aware, COHEAO continues to fight for Perkins, as do other higher education associations and our many allies in Congress.  The fight is far from over and we need your help!

 

Thousands of students around the country have had their loans suddenly cancelled because the loans were not disbursed by September 30th.  We know that these cases are documented and that usually, the student was not at fault as technical problems at the Department of Education or other factors led to the lost loans.  The opposition contends that the current grandfathering provision ensures continued funding for Perkins recipients.  What they fail to acknowledge is that under the current grandfathering provision, Perkins borrowers lose access to any future loans when they change majors or transfer schools.  The Department of ED reports that 80 percent of students change majors at least once.

This is where WE NEED YOUR HELP, ASAP!   Please take a few minutes to complete this brief survey so that COHEAO can quantify the harm caused by not extending the Perkins Loan Program and communicate the facts to Congress.  This survey includes an area where you can provide specific examples of harm to students that lost their loans or include personal testimonials from those students.

Please click here to complete a brief survey and help us quantify the Negative Impact of Allowing the Perkins Loan Program to Expire!

Thank you and we look forward to your feedback.

Sincerely,

Wes Huffman

Associate Director, COHEAO

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s