All eligibility and awarding is done by the Financial Aid Office. They can be contacted at (616) 526‑6134. The Financial Services Office does not handle disbursement of financial aid.

Federal Perkins Loan

The Federal Perkins Loan is a low interest loan for students with the greatest financial need and repaid to Calvin University. It is funded by the U.S. Department of Education but is administered by Calvin University. The U.S. Department of Education sets regulations and policies governing this loan fund. Payments made on Perkins Loans are returned to the Perkins fund at Calvin University. Calvin University is in the process of returning these loan funds back to the government and is therefore not issuing any new loans to incoming students.

Graduating or transferring from Calvin University

Before you leave Calvin University, you will need to complete an Exit Interview. This will help you better understand the repayment of your student loan as well as give you additional information concerning your rights and responsibilities as a Perkins Loan recipient. In addition, you will receive individualized information regarding your specific loan.

If you are transferring from Calvin University or do not plan to return, it is your responsibility to let the Perkins Loan officer know. Contact Rana Huisman at (616) 526-6133.


The repayment grace period for Federal Perkins Loans is 9 months after graduating or dropping to less than half-time status.

Calvin University is contracted with University Accounting Service to handle the billing and initial correspondence for the Perkins Loan. They handle the entire process of billing, answering inquiries, sending and receiving deferment and cancellation forms, and making address changes, etc.

Please send payments made payable to CALVIN UNIVERSITY to:

University Accounting Service
Attn: Payment Processing Department
P.O. Box 5865
Carol Stream, IL 60197-5865

Pay online through University Accounting Service.

Visit University Accounting Service's website for additional information regarding your Perkins Loan.


Deferment – a period of time during which payments are postponed. Deferments usually require documentation. There are different types of deferment for which borrowers can apply, such as in-school deferments, graduate or fellowship programs, a rehabilitation training program for individuals with disabilities, unemployment, economic hardship or military service.

Forbearance – an agreement between a borrower and the lender to temporarily postpone payments, extends the timeframe for making monthly payments, or reduces the amount of monthly payments on a short-term basis.

Cancellation – a portion of the loan principal may be cancelled for each full year of service. See benefit forms for specifications.