Estimated Repayment Cost Tables

Estimated Repayment Cost for $10,000 Disbursed for a 10-Year Fixed Rate Loan Term, including unpaid capitalized interest 

Assumed Length of Academic Program (Years)

Federal Direct Unsubsidized Loan

Federal Direct PLUS Loan

College Ave Student Loans

Harvard Federal Credit Union (Harvard FCU)

1-Year Program

$16,179.52

$17,407.12

$15,624.41

$16,095.05

2-Year Program

$17,345.52

$18,775.62

$16,645.80

$17,221.15

3-Year Program

$18,511.51

$20,144.11

$17,667.18

$18,347.25

4-Year Program

$19,677.50

$21,512.61

$18,688.57

$19,437.35

This estimated repayment cost was calculated by Student Financial Services based on a single disbursed amount of $10,000 repaid over a 10-year term, with loan origination fees added to the amount borrowed, and interest accrued during a 1 to 4 year in-school deferment and grace period capitalized (added to the outstanding principal) when repayment begins. Because lenders may use different assumptions about deferment and disbursement, these estimates may differ from repayment cost estimates provided by the lenders under Truth in Lending Act (TILA) requirements.

 

Estimated Repayment Cost for $10,000 Disbursed for a 10-Year Fixed Rate Loan Term, interest is paid and not capitalized

Length of Program (Years)

Federal Unsub

Federal PLUS

College Ave Student Loans

Harvard Federal Credit Union (Harvard FCU)

1-Year Program

$15,783.96

$16,877.07

$15,178.60

$15,645.10

2-Year Program

$16,590.96

$17,784.07

$15,903.60

$16,430.10

3-Year Program

$17,397.96

$18,691.07

$16,628.60

$17,215.10

4-Year Program

$18,204.96

$19,598.07

$17,353.60

$18,000.10

This estimated repayment cost was calculated by Student Financial Services based on a single disbursed amount of $10,000 repaid over a 10-year term, with loan origination fees added to the amount borrowed, and interest accrued during a 1 to 4 year in-school deferment and grace period paid in full and not capitalized before repayment begins. Because lenders may use different assumptions about deferment and disbursement, these estimates may differ from repayment cost estimates provided by the lenders under Truth in Lending Act (TILA) requirements.