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Financial Aid Department

Financial Aid Services Center

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Loan Fee Calculator

Most federal student loans have loan fees that are a percentage of the total loan amount. The loan fee is deducted proportionately from each loan disbursement you receive. This means the money you receive will be less than the amount you actually borrow. You're responsible for repaying the entire amount you borrowed and not just the amount you received. Use our loan fee calculator to determine the fee amount that will be deducted from your loan disbursement and the net amount of money you will receive from your loan.


For additional information about Federal Direct loan fees, interest rates, and loan repayment, please visit the Federal Student Aid Interest Rates and Fees website.

Federal Direct Subsidized and Unsubsidized Loans (Student Loans)

Select the earliest date that the loan will first disburse:


Student Loans
%

Federal Direct PLUS Loans (Parent Loans)

Select the earliest date that the loan will first disburse:


Parent Loans
%


*The loan origination fee amount is rounded down to the nearest dollar. For example, $50.99 is rounded down to $50 since loans are disbursed in whole dollar amounts.