Student Financial Aid

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

  • February 18th - "Ins and Outs of Student Loan Repayment" presented by Thresa Tyus in 2008 Orr Major, ITV to Wichita 1310 & Salina 116
  • March 4th - "All You Need to Know About Home Buying" 12-1pm in 1023 Orr Major
  • March 16th - AAMC Exit Session 12-1:30pm, Salina ITV Room 117, Wichita ITV Room 1310
  • April - Date TBD - Loan Exit Sessions
  • April 13th - "Top 10 Personal Finance Apps" presented by Sara Cousineau 12-1pm in 1010 Orr Major

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: Nov 10, 2014
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