Loan Fee Calculator

Federal Student Loans (Subsidized and Unsubsidized) and Federal PLUS Loans (Parent and Graduate) include an origination fee, which is a percentage of the loan amount charged by the lender for processing.

Because of the loan origination fee, the loan amount received is lower than the loan amount borrowed.

Federal education loan origination fees are currently:

• 1.057% Subsidized and Unsubsidized Loans
• 4.228% PLUS Loans

For example:

• A $3,500 Federal Subsidized or Unsubsidized Loan disburses approximately $3,463.
• A $3,500 Federal Parent PLUS or Graduate PLUS Loan disburses approximately $3,352.

The Loan Origination Fee Calculator estimates the net amount of the loan to be received after the origination fee, or the loan amount to request to borrow to receive a specific amount (to pay a specific charge, for example). Loans generally disburse evenly among semesters enrolled in the academic year.