Calculate it

Before you or your parents apply for financial assistance, it may be useful to spend some time looking over the many calculators provided for you here. Overall, these tools will give you an unofficial estimate about such things as financial aid eligibility and cost of loan repayment. Remember, these tools are simply meant to assist you in estimating information based on information that you provide; neither UMass Boston not the calculators' sponsors are responsible for the information resulting from the use of the calculators.

Here's a brief breakdown of the calculators you'll find here:

Student Loan Calculator
apps.collegeboard.com/fincalc/sla.html
This will help you understand your student loan repayments in relation to your possible starting salary after you graduate

Loan Comparison Calculator
www.finaid.org/calculators/loancomp.phtml
This calculator computes an estimate of the size of your monthly loan payments for three loans at the same time, and to help you compare the total payments and total interest paid for different interest rates, loan terms, and monthly payments.

Parent Loan Advisor
www.finaid.org/calculators/parentadvisor.phtml
This provides you with an estimate of the amount of educational debt you can reasonably afford for your children's education.

Student Loan Advisor (Undergraduate Students)
www.finaid.org/calculators/undergradadvisor.phtml
This calculator provides you with an estimate of the amount of educational debt you can reasonably afford, given the expected starting salary for your major.

Loan Discounts Calculator
www.finaid.org/calculators/loandiscounts.phtml
This calculator computes an estimate of the savings you'll get from participating in some of the standard discount programs offered by many lenders.