Plan for education. Explore your possibilities.
Explore the financial side of education, training and career decisions. Start with college costs, savings and student-loan repayment. Open a question to see its planned calculator and what to have ready.
What would you like to work out?
These three calculators are in preparation. Open a question to see its planned purpose and what to have ready. You can keep more than one open.
College Cost Calculator What could college cost my family?
College Cost Calculator
Explore estimated college costs, grants and scholarships, and the share your household plans to cover.
Before you start
Gather school cost estimates or net-price estimates, the expected enrollment year, years of attendance, housing plans, grants and scholarships, and the share your household intends to fund. Check which academic year and living arrangement each estimate describes.
Calculator in preparation
College Savings Calculator How much should I save each month for college?
College Savings Calculator
Explore a monthly savings target using your education funding goal, current savings, time available and chosen growth assumptions.
Before you start
Have your household’s education funding target, current education savings, time until enrollment and planned contributions ready. Keep the target’s dollar basis consistent and choose a growth assumption without treating it as a guaranteed return.
Calculator in preparation
Student Loan Payment & Payoff Calculator What would my student-loan payments be, and would paying extra help?
Student Loan Payment & Payoff Calculator
Explore repayment with fixed payments and how paying extra could change payoff time and interest under the modeled terms.
Before you start
Gather each loan’s balance, interest rate, remaining term or required payment, any unpaid interest, and the extra amount you want to test. Check the current repayment plan and how the servicer applies extra payments.
Calculator in preparation
A few useful distinctions
What is the difference between college cost, net price and a savings goal?
College cost includes tuition and other attendance expenses. Net price reflects grants and scholarships that reduce those costs; loans provide funding rather than reducing the price. Your savings goal is the share you plan to fund from savings. Keep cost-growth assumptions consistent and avoid subtracting the same aid or existing savings twice.
Can these estimates tell me what financial aid I will receive?
No. Planning estimates do not determine eligibility or predict an aid offer. Use the school’s net-price calculator for an institution-specific starting estimate, then review the school’s actual aid offer. Check the academic year and whether each amount is a grant, scholarship, loan or earned income.
Does the student-loan calculator compare federal repayment plans?
The planned calculator focuses on fixed-payment repayment and extra-payment illustrations. It will not determine federal plan or forgiveness eligibility. Use Federal Student Aid’s Repayment Calculator for those options and confirm the terms with your servicer. Paying extra is not automatically the best choice when forgiveness or other benefits may be relevant.
Official guides for a closer look
Department of Education: find school net-price calculators
Understand net price and find institution-specific estimates.
Federal Student Aid: evaluate financial aid offers
Distinguish costs, grants and scholarships from money you earn or borrow.
Investor.gov: explore a savings goal
See how a target, current savings, time and growth assumptions affect monthly saving.
Federal Student Aid: compare federal repayment options
Learn about the current Repayment Calculator and follow its link to explore federal repayment plans.