Loan Calculators
Check your interest rate before using the loan calculators:
Loans Disbursed after July 1, 2015
 Federal Direct Subsidized loans for undergraduate students have a fixed interest rate of 4.29%
 Federal Direct Unsubsidized loans for undergraduate students have a fixed interest rate of 4.29%
 Federal Direct Unsubsidized loans for graduate students have a fixed interest rate of 5.84%
 Federal Direct PLUS (Parent or Graduate) loans have a fixed interest rate of 6.84%
Loans Disbursed after July 1, 2014
 Federal Direct Subsidized loans for undergraduate students have a fixed interest rate of 4.66%
 Federal Direct Unsubsidized loans for undergraduate students have a fixed interest rate of 4.66%
 Federal Direct Unsubsidized loans for graduate students have a fixed interest rate of 6.21%
 Federal Direct PLUS (Parent or Graduate) loans have a fixed interest rate of 7.21%
Loans Disbursed after July 1, 2013
 Federal Direct Subsidized loans for undergraduate students have a fixed interest rate of 3.86%
 Federal Direct Unsubsidized loans for undergraduate students have a fixed interest rate of 3.86%
 Federal Direct Unsubsidized loans for graduate students have a fixed interest rate of 5.41%
 Federal Direct PLUS (Parent or Graduate) loans have a fixed interest rate of 6.41%
Loans Disbursed after July 1, 2012
 Federal Direct Subsidized loans for undergraduate students have a fixed interest rate of 3.4%
 Federal Direct Unsubsidized loans for undergraduate students have a fixed interest rate of 6.8%
 Federal Direct Unsubsidized loans for graduate students have a fixed interest rate of 6.8%
 Federal Direct PLUS (Parent or Graduate) loans have a fixed interest rate of 7.9%
Loans Disbursed after July 1, 2011
 Federal Direct Subsidized loans for undergraduate students have a fixed interest rate of 3.4%
 Federal Direct Unsubsidized loans for undergraduate students have a fixed interest rate of 6.8%
 Federal Direct Subsidized/Unsubsidized loans for graduate students have a fixed interest rate of 6.8%
 Federal Direct PLUS (Parent or Graduate) loans have a fixed interest rate of 7.9%
Loans Disbursed after July 1, 2010
 Federal Direct Subsidized loans for undergraduate students have a fixed interest rate of 4.5%
 Federal Direct Unsubsidized loans for undergraduate students have a fixed interest rate of 6.8%
 Federal Direct Subsidized/Unsubsidized loans for graduate students have a fixed interest rate of 6.8%
 Federal Direct PLUS (Parent or Graduate) loans have a fixed interest rate of 7.9%
Loans Disbursed after July 1, 2009
 Federal Direct Subsidized loans for undergraduate students have a fixed interest rate of 5.6%
 Federal Direct Unsubsidized loans for undergraduate students have a fixed interest rate of 6.8%
 Federal Direct Subsidized/Unsubsidized loans for graduate students have a fixed interest rate of 6.8%
 Federal Direct PLUS (Parent or Grad) loans have a fixed interest rate of 7.9%
Loans Disbursed after July 1, 2008
 Federal Direct Subsidized loans for undergraduate students have a fixed interest rate of 6%
 Federal Direct Unsubsidized loans for undergraduate students have a fixed interest rate of 6.8%
 Federal Direct Subsidized/Unsubsidized loans for graduate students have a fixed interest rate of 6.8%
 Federal Direct PLUS (Parent or Grad) loans have a fixed interest rate of 7.9%
Loans Disbursed between July 1, 2006 and June 30, 2008
 Federal Direct Subsidized/Unsubsidized loans have a fixed interest rate of 6.8%
 Federal Direct PLUS (Parent or Grad) loans have a fixed interest rate of 7.9%
Loans Disbursed prior to July 1, 2006 or any Consolidated Loans

Students and parents should verify the interest rate with the lender and can access information about all federal loans using the National Student Loan Data System at www.nslds.ed.gov
Federal Perkins Loans and Health Profession Loans have a fixed interest rate of 5%
Loan Calculators:

Calculate how much your student loan payments will be using the Student Loan Repayment Calculator (from The College Board)

A parent can calculate how much the parent' loan payments will be using the Parent Loan Repayment Calculator (from The College Board)

The Student Loan Advisor (from finaid.org) provides you with an estimate of the amount of educational debt you can reasonably afford, given the expected starting salary for your major.
 Student Loan Advisor for Undergraduate Students
 Student Loan Advisor for Master's Students
 Student Loan Advisor for Doctoral Students
For information about our loan programs, please visit our loans section.
You can view information about the federal loans you have borrowed on the National Student Loan Data System (NSLDS). The site displays information on your federal loan amounts, outstanding balances, loan status and loan servicer (Direct Loan Servicing Center (ACS), FedLoan Servicing (PHEAA), Great Lakes Educational Loan Services, Inc., Nelnet, and Sallie Mae).