Home Business & Economy Perkins Loans- A low-interest (5 per cent) loan made available from OSU’s educational funding workplace. OSU will be your loan provider, therefore the loan is produced with federal federal government funds. You need to repay this loan to OSU. Repayment of Perkins loans is handled by OSU’s scholar Accounts workplace. If you should be attending college at least half time, you have got nine months once you graduate, leave college, or drop below half-time status before you decide to must start payment.