Federal Perkins Loans may be awarded to students at the College of Law who demonstrate exceptional financial need. This loan is a low-interest, long-term, federal, campus-based loan administered by ASU. Federal Perkins Loans for students at the College of Law generally range from $1,000 to $3,000 for the academic year. Students who apply for federal financial aid by February 15 and demonstrate exceptional financial need will be considered for a Federal Perkins Loan.