Most federal student loans have loan fees.
These fees are a percentage of the total loan amount.
A loan fee comes out of the amount of money that is disbursed (paid out) to you while you’re in school. This means the money you receive will be less than the amount you actually borrow.
For more information about loan fees, please visit studentaid.gov.
Use this calculator to estimate the net loan amount to be received after the loan origination fee is deducted from the accepted loan amount. In the "Type of Loan", selected your loan type. Then, enter in the amount of loan you are choosing to accepted in the "accepted amount" section.