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Gift Assistance
EFC Calculator
Provides estimates of state and federal aid, including expected family contribution (EFC), federal Pell grant, Illinois Monetary Award Program (MAP) grant and subsidized Federal Stafford loan.
Loans
Loan Repayment Calculator
Estimates what a student’s monthly payments will be once they enter repayment. The calculator can help them decide how much they should borrow based on what they reasonably will be able to repay.
Monthly Payment Estimates Calculator
Provides estimated monthly loan payments for Federal Stafford, Federal PLUS and alternative student loans.
SLOPE (Student Loans Over Projected Earnings) Calculator
Calculates the percentage of a borrower's income that should be taken up by educational loan payments.
Cost of Deferment/Forbearance Calculator
Provides an estimate for interest owed on unsubsidized loans when in deferment.
Consolidation Payment Calculator
Provides an estimate for consolidating outstanding loans into a single loan/single payment.
Graduated Payment Calculator
Estimates monthly payments on a graduated repayment plan.
Monthly Interest Estimates Calculator
Estimates the interest paid per month on a Federal Stafford, Federal PLUS and alternative student loans.
Mapping Your Future Calculators
Contains calculators and the Ten Steps to Financial Fitness providing information on financial fitness, the wise use of credit cards and investment options, avoiding default on student loans and other debts, and accessing information on credit reports. The calculators also help with budgeting, balancing a checkbook, savings, loan consolidation, and debt-to-salary comparison.
College Cost and Savings
College Cost Calculator
Estimates the future cost of a child's college education. Costs are based upon average annual increases and the number of anticipated years spent in college.
Future Savings Calculator
Assesses a family’s current savings plan to determine if it will meet their future educational needs.
Monthly Savings Calculator
Estimates the amount of money a family or student needs to save each month to cover college costs.
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