Student Financial Aid

Welcome

Grants, Scholarships, Loans and Work-Study are all types of financial aid.  In order to determine your eligibility for many aid sources, you will need to submit a Free Application for Federal Student Aid (FAFSA) on an annual basis.  The 2016-17 FAFSA will be available at fafsa.gov starting January 1, 2016.  The priority deadline is March 1, 2016 and our School Code is 001948.  For further assistance in completing the FAFSA, please go here or contact our office at financialaid@kumc.edu or 913-588-5170. 

Enroll & Pay Help

If any file format prevents you from accessing the information, please contact us for assistance. In order to respond in a manner most helpful to you, please note the nature of your accessibility concern, the format in which you prefer to receive the material, the web page address of the requested material, and the best way to contact you. You may reach send this information to financialaid@kumc.edu or reach us at 913-588-5170.

Important Announcements

Summer Aid Applications Available

 For anybody wishing to utilize financial aid during the summer term, please submit a Summer Aid Application, found on our Forms page.  Summer awarding will begin in early May and the priority date is June 3rd.

Deadline for Spring Loan Increase May 1st

The last day to submit loan change request forms for all students other than second year medicine students is May 1st.  The deadline for second year medicine students has passed since the spring term is over. Please contact our office with questions.

New Video Available

Visit our financial literacy page to watch a video on repayment strategies for graduating medical students!

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, 2015, and before July 1, 2016. These rates will apply to all new Direct Loans disbursed during this time.

Loan

Interest Rate

Direct Subsidized Loans (Undergraduates)      4.29%
Direct Unsubsidized Loans (Undergraduates)      4.29%
Direct Unsubsidized Loans ( Graduate or Professional Students)      5.84%
Direct PLUS Loans (Parents and Graduate or Professional Students)      6.84%


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

Last modified: Jun 21, 2016
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