Thinking about taking out student loans? Whether you are taking out student loans for yourself or on behalf of your child, it is important to borrow responsibly and understand how the interest rate and other fees affect your monthly payments and ensure that your monthly payments will not become a financial burden.
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Federal Student Loan Simulator
Calculate Your Federal Student Loan Repayment Options
The Loan Simulator for federal student loans helps estimate monthly student loan payments and choose a loan repayment option that best meets your needs and goals.
Still Have Questions?
Contact the Student Loan Ombudsman directly here.