Loan Repayment Estimator
For students and parents who will borrow through the Federal Direct Loan program, please visit the Direct Loan website to learn about interest rates and repayment information.
If you are considering private loan options after maximizing your Federal loan eligibility, you may wish to investigate projections of your loan repayment. There are numerous websites that offer information on loan programs. Finaid.org offers an overview of loan programs, a repayment calculator, and other borrower resources.
Remember, private loans may have various fees or different interest rates based on your credit history. The lowest rates published on the lenders’ websites may not reflect your actual rate when your application is processed. Please consult with the lender about your cancellation rights if you change your mind after the loan has been approved.