Announcements

  • The last day to accept summer undergrad loan is tomorrow, July 12th. PLUS Loan apps should be submitted today so they can processed tomorrow.


  • The last day to accept a summer grad loan is July 26th. Grad PLUS Loan apps should be submitted by Wednesday July 25th.


  • The Free Application for Federal Student Aid (FAFSA) is currently available. JMU’s FAFSA Priority Filing date is March 1st, but as long as you meet the general aid eligibility requirements, you may still submit a FAFSA after this date. Please view the FAFSA video to learn more about this process at JMU.


  • Click here for a tutorial on how to accept or decline your Financial Aid loans in MyMadison.


  • Click below to watch a video explaining the Official Award process.


  • Click below to watch a brief video explaining the Subsidized and Unsubsidized Direct Loan process.


  • Click below to watch a brief video explaining the Parent PLUS Direct Loan, which includes an explanation of how to apply for this loan.


Information

Interest Rates (Effective July 1, 2018 - June 30, 2019)

  • Undergraduate Direct Loans:
    • Subsidized 5.05%
    • Unsubsidized 5.05%
  • Graduate Unsubsidized Direct Loan: 6.60%
  • Graduate PLUS Direct Loan: 7.60%
  • PLUS Direct Loan: 7.60%

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