Question

repayment on the perkins loan begins:

a. two years after college graduation.

b. at the end of each semester.

c. at the end of the calendar year.

d. nine months after you leave school.

Explanation:

For a Perkins Loan, the repayment period begins nine months after the borrower leaves school (which includes graduating, dropping out, or dropping below half - time enrollment). Option A is incorrect as it's not two years after graduation. Option B is wrong because repayment doesn't happen at the end of each semester. Option C is also incorrect as it's not at the end of the calendar year.

Answer:

D. nine months after you leave school.