Student Loan Resources and Tools

Student Loan Calculators

Use our calculators to:

• •Estimate monthly payments
• •Calculate total loan cost
• •See how interest adds up

Scholarships and Grants

Do not rely on loans alone. Scholarships and grants are free money for your education. Our guide helps you find opportunities based on merit, need, or other criteria.

Frequently Asked Questions

We have answers to your most common questions:

• •How do I apply for a student loan?
• •What is the difference between federal and private loans?
• •What repayment plans are available?

Glossary of Loan Terms

Understanding the language of loans is critical. Here is a quick guide to key terms like:

• •Principal: The amount you borrow.
• •Interest: The cost of borrowing money.
• •Cosigner: A person who guarantees your loan if you cannot make payments.