Federal & State Aid Estimators
FAFSA4caster will estimate your eligibility for federal student aid, including the Pell Grant, work study and student loans. It will also determine your expected family contribution (EFC), which you will need to complete the Monetary Award Program (MAP) Estimator. If you already know your EFC, you can proceed to the MAP Estimator.
If you plan to attend an Illinois college, use this MAP Estimator to get an idea of your eligibility for the Illinois Monetary Award Program (MAP). You will need to know your expected family contribution (EFC) to use the Estimator. If you are a dependent student, you will also need to know your adjusted gross income (AGI) from the most recent tax year, as well as your cash, savings and checking account balances. If you don’t already know your EFC, use the FAFSA4caster above.
Provides estimated monthly loan payments for Federal Stafford, Federal PLUS and alternative student loans.
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.
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.
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.