Use this calculator to determine the amount of money that you will either receive from your loan, or the amount you need to request after the loan origination fee. All amounts are represented in U.S. dollars.

Current Rates

For loans disbursed on or after October 1, 2022 and before October 1, 2023:

Fee Rate
Stafford Loan1.057%
Parent PLUS/Grad PLUS Loan4.228%

* The origination fee is charged by the Department of Education for each federal student loan you receive. It is a percentage of the total loan amount you are borrowing (request/awarded amount). The loan fee is deducted proportionately from each disbursement of your loan. This reduces the actual loan amount you receive (needed/received amount). The specific loan fee that you are charged will be included in a disclosure statement you will receive after the first disbursement of your federal student loan. You will be required to repay the request/awarded amount.