The Federal Perkins Loan, Nursing Loan and Health Professions Loan for Pharmacy Programs provide low-interest loans to students with financial need, based on the results of the student's FAFSA, the cost of attendance and other aid resources. Loans may be limited as funds for lending in these programs come from new federal capital contributions, any institutional matching contribution and collections from prior student borrowers. Some Perkins Loan borrowers who undertake certain public, military, or teaching service employment are eligible to have all or part of their loans canceled.

All eligible students who complete the financial aid application process by the April 1 priority deadline are automatically considered.

If your award letter includes a Perkins Loan, Nursing Loan or Health Professions Loan and you are a first time borrower under any of these programs, you must complete both an Entrance Interview and Master Promissory Note (MPN) before these funds will be available to you. You will be advised via e-mail when your MPN is available for you to sign. These requirements can be completed online. Funds will be credited to your University bill once these requirements are met. These loans must be repaid after you graduate or otherwise terminate your enrollment at the University of Pittsburgh.