Please check the table above for the
Maximum Repayment Term (in months) to find out the maximum number of
payments allowed for the loan type in which you are interested.
You may also use this calculator to estimate your monthly payment amount
regardless of loan type. The calculator defaults to 120 payments since
that is the maximum for most Stafford, PLUS, and SLS loans.
The payment information above is based on estimated rates and terms and is for illustrative purposes only.
Actual rates and terms may vary. These estimates assume no payments made during the grace period, followed by on-time, equal monthly payments.
Estimated rates and terms provided herein shall in no way be considered binding. Actual rates and terms will be disclosed at the time the borrower
enters repayment and will be governed by the terms of the signed promissory note.