GradFixed

Fri Apr 19 01:24:28 EDT 2024

Determine Your Total Loan Amount: Enter below how much you need and we will do the rest!

How Much Do You Need? Take the time to add up the costs of college that you still need to cover. Remember, the fee is deducted from your total loan amount and the difference is sent to your school.

Take the time to add up the costs of college that you still need to cover. Remember, the fee is deducted from your total loan amount and the difference is sent to your school.

(Amount To Be Disbursed)

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Click to change 'How Much Do You Need'

Loan Administrative Fee: HESAA avoids most fees (application fees, late fees) but we do deduct a 3% Administrative Fee from your loan amount. In other words, 3% of 'Your Total Loan Amount' is subtracted from the amount of funds we actually send to your school.

HESAA avoids most fees (application fees, late fees) but we do deduct a 3% Administrative Fee from your loan amount. In other words, 3% of 'Your Total Loan Amount' is subtracted from the amount of funds we actually send to your school.

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Your Total Loan Amount: The total amount being borrowed includes the amount to be disbursed to your school and the loan administrative fee, which equals 'Your Total Loan Amount'.

The total amount being borrowed includes the amount to be disbursed to your school and the loan administrative fee, which equals 'Your Total Loan Amount'.

.00

Click to change 'Your Total Loan Amount'

Estimated Disbursement Date:

Anticipated Graduation Date:

Calculate

Repayment Option Features

25 Year Repayment - Begin Repayment Immediately

25 Year Repayment - Pay Interest-only While in School

25 Year Repayment - Defer All Payments While in School

Interest Rate

APR

Monthly Payment Amount in School

Monthly Payment Amount After School

Total of Payments

How Much Can I Save by Making Payments While in School Compared to the 25 Year Fixed Rate Deferred Option?

These estimated payment amounts are based upon a single loan disbursement using the date funds are required you provided above. The estimated payment amounts reflected here may vary from the repayment information later disclosed due to changes in the approved loan amount, actual disbursement amounts and dates, and graduation date.

Facts to Consider:
* Interest accrues from the date of disbursement. Interest that is not paid is capitalized (added to your loan balance) annually. That means interest will accrue on that higher principal balance in the following year(s). This will increase your monthly payments and the total amount you have to repay.