Announcements
- Federal Loan Eligibility Changes for 2026-27
New federal regulations may reduce annual federal student loan eligibility for students who do not complete enough financial aid eligible credit hours during the academic year. Review the new requirements, FAQs, and eligibility calculator, here, to understand how your enrollment may impact your aid.
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Fees and Rates
Interest Rates (Effective July 1, 2026 - June 30, 2027)
- Undergraduate Direct Loans:
- Subsidized 6.52%
- Unsubsidized 6.52%
- Graduate Unsubsidized Direct Loan: 8.07%
- Graduate PLUS Direct Loan: 9.07%
- Parent PLUS Direct Loan: 9.07%
Up Front Origination Fees (Effective October 1, 2020 - September 30, 2026)
- Undergraduate Direct Loans: 1.057%
- Graduate Unsubsidized Direct Loan: 1.057%
- Graduate PLUS Direct Loan: 4.228%
- PLUS Direct Loan: 4.228%
Read a further explanation of what an origination fee is provided by the Department of Education. Our Consumer Information also details interest rates and origination fees.
Percentage of JMU Students Who Borrow: 36%*
*Information accessed from the U.S. Department of Education’s College Scorecard on September 5, 2023.
Cohort Default Rate (CDR) (Published February 2023)
JMU CDR: 0.8%
National Average CDR [Public 4 yrs (+)]: 1.8%
Financial Aid & Scholarships
Hours of Operation:
Mon - Fri 8 a.m. - 5 p.m.
Summer Hours of Operation:
Mon - Thur 8 a.m. - 5 p.m.
Fri 8 a.m. - 12 p.m.
Mon - Fri 8 a.m. - 5 p.m.
Summer Hours of Operation:
Mon - Thur 8 a.m. - 5 p.m.
Fri 8 a.m. - 12 p.m.
