We encourage you to explore www.studentloans.gov for valuable information and resources on borrowing federal student and parent loans. You can learn about responsible borrowing, interest rates, loan terms and loan repayment options. Loan repayment charts and online calculators can help you estimate future loan payments so you can plan ahead and borrow wisely.
To get you started, here are a few monthly payment estimates based on a standard, 10-year repayment plan at an interest rate of 4.7%:
* Interest Rates apply to Direct Loans first disbursed on or after July 1, 2014 but before July 1, 2015. For
prior year interest rate information, please visit www.studentloans.gov or contact the Financial Aid Office.