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 below are represented in U.S. dollars.

Choose a loan type
Calculate the amount
Amount Awarded
Amount Received
Amount Needed
Request Amount

The current loan origination fee rates for loans disbursed on or after October 1, 2019 and before October 1, 2020 are:

Stafford Loan 1.059 percent
Parent PLUS/Grad PLUS Loan
4.236 percent
*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.