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

Summer Financial Aid Request Deadline has expired

The last day to have applied for Summer 2016 Financial Aid was July 15. If you missed this deadline and have an emergency you would like to have considered, please contact the Student Financial Aid Office. 

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, 2016, and before July 1, 2017. These rates will apply to all new Direct Loans disbursed during this time.

Loan

Interest Rate

Direct Subsidized Loans (Undergraduates)      3.76%
Direct Unsubsidized Loans (Undergraduates)      3.76%
Direct Unsubsidized Loans ( Graduate or Professional Students)      5.31%
Direct PLUS Loans (Parents and Graduate or Professional Students)      6.31%


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

Last modified: Jul 15, 2016
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