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Direct Loan Fee Calculator

Origination Fee Calculator

An origination fee is a charge that the borrower pays for taking out the loan. This fee is deducted from the accepted loan amount. For more information visit

Students can use this calculator to estimate the amount to be received after the loan origination fee is deducted from the accepted loan amount.

Enter the origination fee percentage for the loan and either the accepted loan amount or the estimated amount to be received. Each field will auto-calculate based on the other.



Origination Fee Rates by Loan Type and First Disbursement Date

Direct Subsidized and Direct Unsubsidized Loans
10/1/2020 - 9/30/2023 1.057%
10/1/2019 - 9/30/2020 1.059%
Direct PLUS Loans
10/1/2020 - 9/30/2023 4.228%
10/1/2019 - 9/30/2020 4.236%