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Know Your Rights Because Perkins Loan funding is limited, and money is issued on a first-come first-served basis, it is imperative that you file your FAFSA as early as possible if you are counting on this type of aid. Three important factors influence the amount of your Perkins award: Instant loans are usually offered from a bank but it is also possible to apply for an instant cash loan through a loan company, like Kathlego. Some loan companies will be stricter than others and may also need more information than others. IfÂ youveÂ thought of applying for an instant cash loan just be sure you are able to make the payments. A: Since you have exhausted all your federal aid options, you can apply for loans at a private banking institution. There are a few banks that are offering loans to students with bad credit scores. But it is important to know that the loan may have a higher rate of interest. You might also have to bring a cosigner when applying for a private student loan.
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