Financial Aid News - Financial Aid

2025-26 Financial Aid Application Update

While the FAFSA and CADAA are traditionally available on October 1st each year, the 2025-26 applications will not be available until December 1, 2024. Learn more about FAFSA Simplification.

CSU Tuition Increase

The California State University Board of Trustees approved a multi-year tuition proposal that will increase tuition and help to bring stability to the budgets of universities across the CSU system, including CSU Channel Islands. Visit the CSU Tuition Increase webpage for more information and resources.

Interest Rates for Direct Loans

Congress sets interest rates on Direct Loans from the U.S. Department of Education through legislation that ties the rate to financial markets. The chart below displays the interest rates for Direct Subsidized, Direct Unsubsidized, and Direct PLUS Loans first disbursed on or after July 1, 2024 and on or before June 30, 2025.

Loan	Interest Rate
Direct Subsidized Loan (Undergraduates)	6.53%
Direct Unsubsidized Loan (Undergraduates)	6.53%
Direct Unsubsidized Loan (Graduate/Professional Students)	8.08%
Direct PLUS Loans (Parents and/or Graduate or Professional Students)	9.08%

IMPORTANT!

Our primary form of communication is via email. Students must check their CI email for important notices and updates.