Colleges Foresee Shortfall in Perkins Loan Funds This Year

By KATE MOSER

Dozens of institutions will be forced to pay money into their depleted federal Perkins Loan funds because they expect a shortfall in award money this year, according to a national survey of 273 colleges.

The findings, to be released this morning, also depict a bleak picture for the amount of money institutions will have available to lend...