SALT Financial Literacy


SALT is a free, online resource that helps students finance their higher education, manage any student loans, and build personal finance skills.

Emporia State University has teamed up with the nonprofit organization American Student Assistance to offer this free program for all students and alumni.

Join SALT to get free tips and tools to take charge of your money during college and beyond.

SALT can help you with:

  • Tracking and planning your student loans
  • Managing student loans and repayment options
  • Creating a manageable budget
  • Credit and debt management
  • Saving and investing
  • Finding scholarships, internships, and jobs

Ready to sign up?

Visit saltmoney.org/emporia to get started today!

Have questions about managing your student loans?

Call loan support at 877.523.9473 or email loanhelp@saltmoney.org

Need help with your SALT membership or using the website?

Call member support at 855.469.2724 or email membersupport@saltmoney.org.

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2015-2016 FAFSA


It's time to complete the FAFSA for the 2015-2016 aid year.  The 2015-2016 FAFSA covers eligibility at Emporia State University from Summer of 2015 through Spring of 2016.  You can get started at www.fafsa.gov.  Please note that Emporia State University's priority date is March 15, 2015.


Direct Stafford Loans Interest Rates for 2015-2016


On July 1, 2015, the subsidized interest rate and unsubsidized interest rate will change to 4.29% for undergraduates.  Graduate students are not eligible for interest subsidies as of July 1, 2012, and the unsubsidized interest rate for graduate students will change to 5.84%.  Parent PLUS and Graduate PLUS loans will also see a change in interest rate to 6.84%.  Please note these interest rates are variable-fixed, meaning that the interest rate can change every July 1, but any loan taken under that rate will remain fixed for the life of the loan. The origination fees are as follows:

First Disbursement of loan occurs before October 1, 2015 First Disbrusement of loan occurs on or after October 1, 2015
Direct Stafford Loan (Subsidized/Unsubsidized) 1.073% 1.068%

Direct PLUS Loan (Parent and Grad/Prof)

4.292% 4.272%

Time Limitation on Direct Subsidized Loan Eligibility 


The Moving Ahead for Progress in the 21st Century Act passed by the federal government has altered the time frame for students to receive Direct Subsidized Loans in their undergraduate and post-baccalaureate programs. Beginning with loans originated on or after July 1, 2013, a new first-time borrower’s eligibility period for Direct Subsidized Loans will be limited to no more than 150% of the published length of the borrower’s academic program. The eligibility period for a 4-year degree would be 6 years. Once a student exceeds the 150% eligibility period any Direct Subsidized Loans disbursed on or after July 1, 2013 will lose their subsidy and the student will become responsible for the interest that accrues on those loans. 


Federal Pell Grant Lifetime Eligibility                                 


The Consolidated Appropriations Act of 2012 has changed the duration of eligibility to a maximum of 12 semesters, or its equivalent (600%). This change is effective with the 2012-2013 aid year, but is applicable to all Pell grant recipients, i.e. it is retroactive.  


IRS Data Retrieval & Tax Transcripts


When completing the 2015-2016 FAFSA, you may be given the option to have your financial information imported directly from the Internal Revenue Service.  We encourage all students and parents to utilize this option if it is available.  Per federal regulations, when you are chosen for FAFSA verification you will be asked to provide a tax return transcript or correct your FAFSA and use the IRS Data Retrieval option to update your tax information.  Using this option will save you time.   You can order a tax return transcript from the Internal Revenue Service. 

If you need assistance with the IRS Data Retrieval please refer to this video: Correcting the FAFSA using IRS Data Retrieval


Complete the ESU Scholarship Application


As you get ready for the upcoming school year, be sure to complete a scholarship application and review our scholarship website for any additional opportunities.  The scholarship application and website is www.emporia.edu/finaid/scholarships.