• The Department of Education has notified universities that the 2025-2026 FAFSA should become available to the general public on December 1, 2024. 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).

• Complete the 2024-2025 FAFSA now through Studentaid.gov . We encourage students to complete their application as soon as possible. The JMU FAFSA Priority Filing Date is March 1, 2024, however, a FAFSA can still be completed after this date as it is not a hard deadline. Please see our Free Application for Federal Student Aid (FAFSA) Changes website for more details and a message from Federal Student Aid.

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%