After determining how much money you have available through savings, scholarships or grants, and work-study opportunities, you’ll need to consider your student loan options. But what options are best for you? And
how much should you borrow? These resources can help you make that decision.
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What to Know about Student Loans
There are different types of student loans with varying implications for repayment during and after college. Understanding these differences can have a large impact on your financial well-being for many years.
The resources provided here will help you determine what is right for you and just how much you should borrow.
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4 Important Facts to Know about Student Loan Interest
When you borrow money, it costs more than just the total amount you’ve borrowed. You have to factor in interest rates, fees, and your repayment schedule. Be sure you understand the extra costs associated with
borrowing before making decisions about student loans.
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How Much Interest Will You Owe?
Use this accrued interest calculator to see how interest will affect your loan balance. It is important to consider this when determining how much to borrow for higher education.
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Tips for Repaying Your Student Loans
Whether you’re getting ready to pay back loans for college or for your graduate degree, these tips can make it easier to organize your information and streamline bill paying.
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Student Loan Calculator
When you're considering taking out a new student loan, or about to start paying off a current one, use this calculator to estimate your monthly payment.
