Use this calculator to factor loan origination fees* into the amount you borrow.
The following amounts are in U.S. dollars.
The current federal loan origination fee rates are:
- Federal Direct Loan: 1.057%
- Parent PLUS and Grad PLUS: 4.228%
* The U.S. Department of Education charges an origination fee for federal loans. The fee is a percentage of the total loan amount you borrow. This means the amount you receive is less than the amount you borrow and will repay. For example, if you borrow a $10,000 Parent PLUS loan, we will post $9,577 to your student’s Arcadia account.
