09.30.15

Murray Statement on Senate Failing to Extend Perkins Loan Program Hours Before it Expires

Perkins Loan Program helped 15,000 Washington state students last school year

 

(Washington, D.C.) – Hours before the Perkins Loan Program is set to expire, U.S. Senator Patty Murray (D-WA), Ranking Member of the Senate Health, Education, Labor, and Pensions (HELP) Committee released the following statement on the Senate’s failure to move forward on a bipartisan one-year extension of the program. A bill to extend the program, which provides low-interest loans to help students with financial need pay for postsecondary education, passed the House of Representatives this week, but the bipartisan effort to extend the program was blocked in the Senate. In Washington state, more than 15,000 students received Perkins Loans last year, but without an extension new students would not have access to that financial aid option.

 

“In Congress, we should be doing everything we can to provide students with more support to manage college costs, not less, so I am extremely disappointed that the Senate has not acted to extend the Perkins Loan Program.” said Senator Murray. “For many students, including 15,000 in Washington state last year, Perkins Loans have been a critical tool, providing a low-cost, flexible option to help pay for college. It is unfortunate that new students could face uncertainty this year by letting this program lapse.  As we work in Congress to reauthorize the Higher Education Act, I’m going to be fighting to help more students gain a foothold into the middle class, and to ensure students have the financial aid tools they need.”

 

Yesterday, Senator Murray delivered remarks on the Senate floor, urging an extension of the program. 

 

Breakdown of students in Washington state receiving Perkins Loans:

 

School

State

Zip Code

School Type

Recipients

Disbursements

University of Washington - Seattle

WA

98195-1122

Public

4,698

$  10,379,139.00

Washington State University

WA

99164-1035

Public

2,689

$    2,643,975.00

Gonzaga University

WA

99258-0083

Private/Non-Profit

909

$    2,560,011.00

Pacific Lutheran University

WA

98447-0003

Private/Non-Profit

896

$    2,256,404.00

Western Washington University

WA

98225-5946

Public

845

$    1,417,205.00

University of Puget Sound

WA

98416-0001

Private/Non-Profit

731

$    1,203,767.00

Seattle Pacific University

WA

98119-1997

Private/Non-Profit

703

$    1,158,156.00

Central Washington University

WA

98926-7501

Public

541

$    1,089,362.00

Eastern Washington University

WA

99004-2444

Public

589

$        982,262.00

Evergreen State College (The)

WA

98505-0002

Public

639

$        869,540.00

Seattle University

WA

98122-1090

Private/Non-Profit

516

$        778,685.00

Whitworth University

WA

99251-0001

Private/Non-Profit

477

$        711,259.00

Whitman College

WA

99362-2067

Private/Non-Profit

215

$        536,250.00

Walla Walla University

WA

99324-1198

Private/Non-Profit

187

$        359,797.00

Cornish College of the Arts

WA

98121-4604

Private/Non-Profit

93

$        300,000.00

Northwest University

WA

98033-7523

Private/Non-Profit

93

$        255,364.00

Saint Martin's University

WA

98503-7500

Private/Non-Profit

93

$        150,428.00

Walla Walla Community College

WA

99362-9267

Public

58

$        149,808.00

Art Institute of Seattle (The)

WA

98121-1622

Proprietary

54

$        147,484.00

Heritage University

WA

98948-9562

Private/Non-Profit

53

$        142,897.00

Perry Technical Institute

WA

98903-1239

Private/Non-Profit

51

$        139,750.00

Bastyr University

WA

98028-4966

Private/Non-Profit

39

$        120,000.00

Big Bend Community College

WA

98837-3299

Public

31

$          82,750.00

North Seattle College

WA

98103-3599

Public

9

$          33,710.00

Total

15,209

$         28,468,003.00