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Calculators
College Answer offers easy to use calculators — from
saving to repaying and estimating to budgeting college
costs. There's even one to estimate your Expected Family
Contribution (EFC).
Long
Term Planning Calculator
Estimate the monthly savings that will be required to
support up to three children who are planning to attend
college. The calculator asks for the present cost of
attending a college, the number of years before each
student enters school, current savings, and the anticipated
annual return on their savings.
College
Cost Calculator
Estimate the future cost of a college education. Costs
are based on average annual increases and the number
of anticipated years spent in school.
Future
Savings Calculator
Estimate the dollar amount that will be saved when the
student enters school. The calculator asks for monthly
saving amounts, the saving's average return, and the
number of years until the student enters school.
Monthly
Savings Calculator
Estimate the dollar amount families will need to save
on a monthly basis to meet their college savings goal.
The calculator asks for the target savings goal, currently
available savings, number of years until the student
enters school, and the average return.
Monthly
Budget Calculator
Helps students identify key budget items to better understand
their financial situation.
Repayment
Calculator
Designed to help students and parents borrow responsibly.
The tool will estimate the monthly loan payments based
on the principal balance, interest rate, and loan term.
Accrued
Interest Calculator
For students who already have a student loan. The tool
allows users to estimate the amount of interest that
accrues on their account over a period of time.
Expected
Family Contribution (EFC) Estimator
Helps families estimate their potential
financial responsibility well before submitting the
FAFSA and receiving the official EFC from the Student
Aid Report (SAR).
Tools
Education Investment Planner
Lets families model the total multi-year cost of education, compare those costs across schools, build a plan on how to pay based on their finances, and helps them understand the costs of any borrowing.
School
Affordability Analyzer
Enables students to determine the average cost of attending
their choice schools, the average financial aid offered,
and how much out-of-pocket expenses a family might incur.
Once students have a general idea of their financial
need, various payment options can be evaluated to show
how students and their families can best contribute
to the cost of a higher education.
School
Search Tool
Helps students evaluate which schools are right for
them by allowing side-by-side school comparisons. Students
can search for schools by name within each state and
view information on admissions, campus environment,
enrollment, freshman admissions profiles, school expense,
and financial aid. Students can view up to three schools
at once, side-by-side, from a database of nearly 4,000
schools.
College
Application Tool
Offers students access to hundreds of online college
applications.
Online
Award Analyzer
Enables students to compare their financial aid award
packages from each school. Determine if the financial
aid award and savings are enough to cover the cost of
attendance. Analyze options for borrowing additional
money when savings are not enough. View an estimate
of the monthly payments associated with borrowing different
loan amounts.
Online
Student Loan Applications
Students (undergraduate and graduate) and their parents
can apply online for a variety of loans — federal
and private loans for students and PLUS loans for parents.
Searches
Free Scholarship Search
Our registered users have access
to an award database of more than 3 million scholarships
worth in excess of $16 billion. Every time you log on
or update your profile, a new search matches you with
the latest scholarship opportunities.
Online
College Application Search
Access to hundreds of online college applications.
Research
Online Degree Programs
Powerful search engine of online, accredited undergraduate
and graduate course offerings as well as extensive educational
resources.
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