100% of the tax shown on your 2014 income tax return (110% of that amount if the adjusted gross income shown on the return was more than $150,000 ($75,000 if your filing status for 2015 will be married filing separately)).
You will need the following items to complete and electronically sign the MPN: 1  Your Federal Student Aid ID. 2  Your full legal name, social security number, and date of birth. 3  You will also need to provide names, addresses, and telephone numbers for your next of kin and two references.
â  Federal Perkins Loan (Perkins Loan) Program âThis is a school-based loan program for eligible students with exceptional financial need. You may qualify for a Perkins Loan of up to $8,000 each year depending on your financial need, the amount of other aid you receive, and the availability of funds at your school.