FinAid - Loan question

[moomooitzpaul]

<p>USC has offered me a federal perkins loan and a stafford loan to pay for this year's tuition. I was wondering, if I decline the Perkins loan, would it affect my financial aid next year? What I mean is, if I don't take that loan, would the government or USC not offer me any loans next year since I refused them this year? </p>

<p>Right now, the perkins loan is just 500 dollars...my parents don't think it's necessary to take out a loan like that and pay interest for it. Please help >.<</p>

[2_2_5]

<p>The Perkins loan is federally subsidized, which means you won't be charged interest until you graduate. You also get a 9 month grace period after graduation.</p>

<p><a href="http://en.wikipedia.org/wiki/Perkins_loan%5B/url%5D"&gt;http://en.wikipedia.org/wiki/Perkins_loan&lt;/a&gt;&lt;/p>