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Financial Aid Award Evaluator

Important Note: You may use the Financial Aid Award Evaluator without logging in or registering. However, you will not be able to save your information. If you would like to enable the save functionality, you must first Log-in or Register.

Calculator Overview

 

It is important to understand the "real" price tag of a college - that is, what you and your parents will have to pay. This calculator helps you compare financial aid award letters from different schools. It not only analyzes how much you and your parents will need to contribute toward your education, but also how much the monthly payments are for various loan packages.

 

School Name

  School offering this
financial aid package:
 

Cost of Attendance

  Years left in school:     Years  
  Tuition:   $  
  Room and Board:   $  
  Supplies   $  
  Other Expenses   $  

Expected Family Contribution (EFC)

  EFC (EFC Calculator)   $  

Grants

  Scholarships   $  
  Pell Grants   $  
  FSEOG  
(Federal Supplemental
Educational Opportunity Grant)
$  
  School Grants   $  
  Other Grants   $  

Other Aid

  Work Study   $  
  Outside Job   $  
  Additional Help from Family  
(Do not include contributions captured in EFC)
$  

Loans

  Perkins Loan   $  
  Stafford Loan (Subsidized)   $  
  Stafford Loan (Unsubsidized)   $  
  PLUS Loan   $  
  Private Loan      
    Private Loan Amount   $  
    Private Loan Interest Rate     %  
    Private Loan Repayment Term     Years  
    Private Loan Minimum Payment   $  

Note: This calculation assumes that:
* You have the same financial aid package for all years of school
* Interest on Stafford and Private loans is not paid during school
* Parents begin payment of PLUS loans immediately after disbursement

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