Provides estimates of state and federal aid, including expected family contribution (EFC), federal Pell grant, Illinois Monetary Award Program (MAP) grant and subsidized Federal Stafford loan.
Estimates what a student’s monthly payments will be once they enter repayment. The calculator can help you determine how much you should borrow based on what you reasonably will be able to repay.
Use the Repayment Estimator from the U.S. Department of Education (ED) to learn which plans you may be eligible for and get estimates of your monthly and overall payments.
Provides estimated monthly loan payments for Federal Stafford, Federal PLUS and alternative student loans.
Calculates the percentage of a borrower's income that should be taken up by educational loan payments.
Provides an estimate for interest owed on unsubsidized loans when in deferment.
Provides an estimate for consolidating outstanding loans into a single loan/single payment.
Estimates monthly payments on a graduated repayment plan.
Estimates the interest paid per month on a Federal Stafford, Federal PLUS and alternative student loans.
Contains calculators and the 12-Step Guide to Financial Success providing information on financial fitness, the wise use of credit cards and investment options, avoiding default on student loans and other debts, and accessing information on credit reports. The calculators also help with budgeting, balancing a checkbook, savings, loan consolidation, and debt-to-salary comparison.
College Cost and Savings
Estimates the future cost of a child's college education. Costs are based upon average annual increases and the number of anticipated years spent in college.
Assesses a family’s current savings plan to determine if it will meet their future educational needs.
Estimates the amount of money a family or student needs to save each month to cover college costs.