Official Aid Walk Through
Announcements
  • The 2025-2026 FAFSA is now available to complete for Fall 2025/Spring 2026 on Studentaid.gov. Please note that JMU's priority filing date is March 1, 2025.  For more information check out our FAFSA page.
  • The General Scholarship Application is now open! This is accessed through the Madison Scholarships Hub in MyMadison for potential awards offered for the 2025-26 academic year (next fall 2025).
Fees and Rates

Interest Rates (Effective July 1, 2024 - June 30, 2025)

  • Undergraduate Direct Loans:
    • Subsidized 6.533%
    • Unsubsidized 6.533%
  • Graduate Unsubsidized Direct Loan: 8.083%
  • Graduate PLUS Direct Loan: 9.083%
  • Parent PLUS Direct Loan: 9.083%

Up Front Origination Fees (Effective October 1, 2020 - September 30, 2024)

  • 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%

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