Forms & Tools

Forms & Tools

Going to graduate school may be one of the biggest investments that you make in your lifetime. Our Office of Financial Aid is ready to collaborate with you through this process, provide straightforward guidance, and help you identify and secure the resources you may need to achieve your goals.

Federal Loan Origination Fee Calculator 

When you take out a federal student loan, you are charged a loan origination fee by the U.S. Department of Education. This fee is a percentage of the total loan amount you are borrowing, which means that the fee increases as your loan principal increases. You may use a special calculator to determine how much you will owe in origination fees. 

You do not pay the origination fee when you take out the loan. Instead, a portion of your loan origination fee is deducted from each disbursement of your loan. This means that the total amount you want to borrow should take into account the origination fee.

If you plan to use federal loans for graduate school, you need to know how much money to borrow — and not to overborrow. Teachers College will generally offer the maximum amount of federal loans you may be eligible to receive. You may request a loan amount that is lower than the full amount in your financial aid offer letter. 

The federal loan origination fee calculator helps you figure out how much you will pay for your origination fee, based on the amount you borrow and what type of loan you will use. All amounts are represented in U.S. dollars.