James Madison Statue in Fall
  • Beginning October 1, 2022, the 2023-24 FAFSA can be completed at studentaid.gov.  JMU’s FAFSA Priority Filing Date for 2023-24 is March 1, 2023, which means the FAFSA should be processed by the government no later than that date to be considered “on-time” at JMU.  You can view the FAFSA video for more details.


  • Student Debt Relief - The application for federal student loan debt forgiveness is now available. You can find it at www.studentaid.gov, along with a link to details about the program and frequently asked questions (FAQ). The application is scheduled to be available until December 31, 2023.
    As a reminder, JMU does not play a role in processing your application. According to the Department of Education, “StudentAid.gov has the latest information on the application process. If you need help filling out the form online or have questions related to your specific borrower situation, you can reach our contact center agents at 1-833-932-3439.”
  • Student Loan Payment Pause - Just Announced on 11/23/22: The student loan payment pause is extended until the U.S. Department of Education is permitted to implement the debt relief program or the litigation is resolved. Payments will restart 60 days later. If the debt relief program has not been implemented and the litigation has not been resolved by June 30, 2023 — payments will resume 60 days after that. The U.S. Department of Education will notify borrowers before payments restart.

  • Please review our posting at the ARP (HEERF III) Emergency Aid site for information about the HEERF III emergency student aid JMU is received from the American Rescue Plan Act (ARP).
  • Please review our posting at the JMU Cares Act Emergency Aid site for information about the emergency student and institutional aid JMU recieved from the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
  • Please review our posting at the JMU CRRSSA (HEERF II) Emergency Aid site for information about the HEERF II emergency student aid JMU is received from the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA).
Fees and Rates

Interest Rates (Effective July 1, 2022 - June 30, 2023)

  • Undergraduate Direct Loans:
    • Subsidized 4.99%
    • Unsubsidized 4.99%
  • Graduate Unsubsidized Direct Loan: 6.54%
  • Graduate PLUS Direct Loan: 7.54%
  • PLUS Direct Loan: 7.54%

Up Front Origination Fees (Effective October 1, 2020 - September 30, 2022)

  • Undergraduate Direct Loans: 1.057%
  • Graduate Unsubsidized Direct Loan: 1.057%
  • Graduate PLUS Direct Loan: 4.228%
  • PLUS Direct Loan: 4.228%

Click here for further explanation of what an origination fee is provided by the Department of Education. Please review the Direct Loan/Grad PLUS Direct Loan/Parent PLUS Direct Loan Origination Fees and Interest Rates in our Consumer Information for an explanation of interest rates and origination fees.

Percentage of JMU Students Who Borrow: 41%*

*Information accessed from the U.S. Department of Education’s College Scorecard on January 26, 2021.

Cohort Default Rate (CDR) (Published 09/28/2020)

JMU CDR: 2.3%
National Average CDR [Public 4 yrs (+)]: 7.1%

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