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Can you have more than one Stafford loan at the same time?

Can one get both Perkins and Stafford loan at the same time?

  • Are there any restrictions?

  • Answer:

    yes you can the determination of eligibility for both are based on your income (and probably your parents') and, in the case of the Perkins, availability the only way you could be eligible for both and not be able to take both is if you reach your budget limit. all schools set a budget limit based on cost of attendance and cost of living in the area and they are not allowed to give aid including grants, scholarhsips, and loans above the limit

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