Use this calculator to determine either the amount of money that will disburse based upon the amount borrowed, or the amount you need to borrow in order to have a specific amount of money disburse. All loans included in this calculator carry a loan origination fee, noted in the tables below. The loan origination fees listed here are valid for loans originated between October 1, 2019 and September 30, 2020. Interest rates are valid on loans originated through June 30, 2020.
All amounts below are represented in U.S. dollars.
Using the Calculator
- Choose what type of borrower you are.
- Choose the type of loan you are considering.
- Choose whether to calculate either how much you need to borrow to get a certain amount, or how much you'll get by borrowing a set amount. These are really two sides of the same coin, but we wanted to present both options to you.
To see a comprehensive view of all your federal student loans borrowed as of today, please visit studentaid.ed.gov.
For all loans, the hypothetical amount requested in the calculator assumes a borrowing period including fall and spring.