The Doucette and Eagin loans are awarded to undergraduate students with financial need. This is University-based loan program, with UP acting as the lender using funds donated by Blanche Eagin and Richard and Evelyn Doucette. It is a subsidized loan, with the interest being suspended during the in-school and 6-month grace period. There are no origination or default fees, and the interest rate is 5%. There is a 7.5-year repayment period.
Submit a FAFSA each year
Demonstrate financial need
Be a U.S. citizen
Be of sophomore, junior or senior standing (30+credits)
Enrolled at least half-time (6 credits)
Meet Satisfactory Academic Progress requirements
Not receive Perkins or Nursing Loan