COLLEGE SELECTION CALCULATOR

The College Selection Calculator should be used to compare financial aid packages after you have already been accepted. This student loan calculator is designed for first time, full time undergraduates before enrollment. There is an “Annual Increase” box that increases costs over the length of the program. Typically, college prices increase by 3-5% per year. A private loan interest rate is require for this calculator as well in case it is needed in future years. Generally, they range from 6-10% but can be higher. More information on private loans can be found here. This calculator can help you get an idea of monthly payments after you graduate from college so you can pick which school best fits your goals.

Enter College Name

Length of Program
Annual Increase

Total Cost Of College

$

Est. Family Contribution

$

State Grants

$

Institution Grants

$

Pell Grants

$

Local Scholarships

$

Other Funding

$

Work Study Offered

$

Student Funds

$

Family Funds

$

Subsidized Loans:

$

Perkin Loans:

$

Unsubsidized Loans:

$

Private Loan Interest Rate:

%

Private Loan Origination Fee:

%

Private Loans Taken:

$

Funding Left:

$

Enter Income at Graduation:

$