Student Financial Aid

The Student Financial Aid Office will close at 12:00pm Friday, August 28th for the Labor Day holiday weekend. Have a safe and happy holiday.

Welcome

The Department of Student Financial Aid is now located in Dykes Library, Room G035.  We are open from 8:00 am to 5:00 pm Monday through Friday.  Financial Aid information can be found on this website or by contacting our office directly.  Please see the Contact Us section for details.

Important Announcement

Important Dates

  • September 15th - Budgeting Basics presented by Sara Honeck; 12-1pm.
  • September 16th- Know What you Owe table located in the Dykes Library Atrium from 10am - 2pm.
  • September 17th - Constitution Day, School of Nursing Atrium; 11am - 2pm.
  • October 7th - Brown Bag Lunch - Solving Debt Problems presented by Blair Day in 1006 Orr Major; 12-1pm.
  • October 8th - Organizing your Important Documents by Valeria Edwards; 12-1pm.
  • November 4th - Brown Bag Lunch - Spending Plans presented by Katie Hoelting in 1006 Orr Major; 12-1pm.
  • November 17th - Student Financial Panel - Student panel on finances during your education and after; 12-1pm.

Federal Student Loan Rates:

Congress has passed and the President has signed the Bipartisan Student Loan Certainty Act of 2013, which ties federal student loan interest rates to financial markets. Under this Act, interest rates will be determined each June for new loans being made for the upcoming award year, which runs from July 1 to the following June 30. Each loan will have a fixed interest rate for the life of the loan.

The following table provides the interest rates for new Direct Loans disbursed on or after July 1, 2014, and before July 1, 2015. These rates will apply to all new Direct Loans disbursed during this time.

Loan

Interest Rate

Direct Subsidized Loans (Undergraduates)      4.66%
Direct Unsubsidized Loans (Undergraduates)      4.66%
Direct Unsubsidized Loans ( Graduate or Professional Students)      6.21%
Direct PLUS Loans (Parents and Graduate or Professional Students)      7.21%


More information can be found at http://studentaid.ed.gov/About/announcements/interest-rate

Last modified: Aug 28, 2014
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