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Loan Repayment Charts

There are several repayment plans available to students. Information about the various plans, including repayment calculators is available on the federal student aid website.

Sample repayment charts for of the federal student loans are listed below:

Direct Subsidized/Unsubsidized Loan

Based on 6.8 percent interest rate, 10-year repayment period and a minimum $50 per month payment.

If you borrowed:You will need to make per year:*To pay this amount monthly:
 $5,000  $6,905  $50
 $15,000  $20,714  $173
 $23,000  $31,762  $265
 $46,000  $59,382  $495
 $55,000  $75,953  $633
 $65,500  $90,454  $754
 $138,500  $191,263  $1,594

*Recommended annual salary figures are based on 10% of your gross monthly income available for student loan payments. Assumes you are paying your interest for any unsubsidized loans while in school to avoid capitalizing the interest to your final outstanding principle balance.

Perkins Loan 

Based on 5% fixed interest rate

Amount Borrowed

# Payments

Monthly Payment

$1,000

27

$40

$2,000

57

$40

$3,000

91

$40

$3,500

110

$40

$5,500

120

$58

$6,625

120

$70

$7,500

120

$80

$10,000

120

$106

PLUS and Graduate PLUS Loan

Based on 7.9 fixed interest rate, standard ten year repayment plan

Amount Borrowed

# Payments

Monthly Payment

$10,000

120

$121

$20,000

120

$242

$25,000

120

$302

$30,000

120

$362

$40,000

120

$483

$50,000

120

$604

$60,000

120

$724

$70,000

120

$845

$80,000

120

$966