<p>Thise might be a dumb question. I know that for freshman that the maxium that one is allowed to get is 3,500 but is that per bank or per actual loan? ex. I get stafford loan from capital one bank then chase bank in the same year?</p>
<p>What are the requirements for Perkins Loan. I know what it is but do your school base if you qualify for perkins loan on FAFSA or what?</p>
<p>In a parent plus loan i know that its in the parents name, but if a parent wants a child to pay for it is it somehow possible to get it put in the students name? Maby the student sign a promissary note?</p>
<p>The maximum Stafford loan is the maximum in all Staffords for the year. You cannot go over the maximum be going to different banks. The maximum was recently increased by, I think, $2,000. I am not sure if that has been implemented yet but a bill passed to increase the limit.</p>
<p>Perkins loan is based on need (COA - EFC = need). However there is very limited funding for the Perkins loan - a school is given $xxx of Perkins money and once it is awarded there is no more. Some posters have reported that their schools received no Perkins funding for the coming year. </p>
<p>No a parent plus loan cannot be put in the child's name. It is a parent loan. I believe graduate students can get plus loans. Dependent students cannot get it in their name. However if the parent applies for and is turned down for a plus loan the student is eligible for additional unsubsidized Stafford loans of $4000.</p>
<p>Finaid has more info on student loans here</p>
<p>FinAid</a> | Loans | Student Loans</p>
<p>and parent loans
FinAid</a> | Loans | Parent Loans</p>