James Madison Statue in Fall
Quick Videos

  • Please review our posting at the JMU Cares Act Student Emergency Aid site for information about the emergency student aid JMU is receiving from the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
  • The process of generating Official Financial Aid Award Notices for the 2020-21 academic year generally begins in mid-June, after Spring 2020 grades are finalized.  Two major reasons for this timing are that these grades are needed to run the annual financial aid Satisfactory Academic Progress (SAP) process, as well as to allow time for academic records to be updated with statuses such as grade level progression, suspension, etc. SAP and a student’s academic standing are two critical components in determining financial aid eligibility.

  • Be aware of the following loan application deadlines for the 2019-20 aid year. Applications for Sub/Unsub loans must be submitted by May 6. Applications for Parent/Grad PLUS loans must be submitted by May 5.

  • We are now accepting applications for Summer 2020 Financial Aid. Click here to get started.
  • Click here for the April 2020 Choices Presentation.
  • During this unprecedented period that has led to a change in our normal business operations, we want to assure you that the Office of Financial Aid & Scholarships is here to assist you with any of your needs.  Many of our staff are working remotely, but we are still monitoring all of our email accounts.

You can contact the various departments within our office through the appropriate email address below:

Scholarships – scholarships@jmu.edu
Loans – loans@jmu.edu
Verification - verification@jmu.edu
Summer – summer_aid@jmu.edu
Satisfactory Academic Progress - finaid_sap@jmu.edu
General Financial Aid – fin_aid@jmu.edu

All of the above emails addresses will be monitored daily during our normal business hours.  You may also contact our Customer Service Team by calling our main line number 540-568-7820 or at our email address fin_aid@jmu.edu.

  • Madison Scholarships Hub is the brand new application center for all scholarship awarded by the Office of Financial Aid and Scholarships. To log in, go to MyMadison and under the Student tab, or the Applicant tab for incoming students, click on the logo for Madison Scholarships Hub. For information about other scholarship opportunities for incoming and current students, please visit our scholarships website.
  • Beginning October 1, 2019, the 2020-21 FAFSA can be completed at fafsa.gov.  JMU’s FAFSA Priority Filing Date for 2020-21 is March 1, 2020 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.
Fees and Rates

Interest Rates (Effective July 1, 2019 - June 30, 2020)

  • Undergraduate Direct Loans:
    • Subsidized 4.53%
    • Unsubsidized 4.53%
  • Graduate Unsubsidized Direct Loan: 6.08%
  • Graduate PLUS Direct Loan: 7.08%
  • PLUS Direct Loan: 7.08%

Interest Rates (Effective July 1, 2020 - June 30, 2021)

  • Undergraduate Direct Loans:
    • Subsidized 2.75%
    • Unsubsidized 2.75%
  • Graduate Unsubsidized Direct Loan: 4.30%
  • Graduate PLUS Direct Loan: 5.30%
  • PLUS Direct Loan: 5.30%

Up Front Origination Fees (Effective October 1, 2019 - September 30, 2020)

  • Undergraduate Direct Loans: 1.059%
  • Graduate Unsubsidized Direct Loan: 1.059%
  • Graduate PLUS Direct Loan: 4.236%
  • PLUS Direct Loan: 4.236%

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.

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