Skip Navigation

Financial Assistance

PLUS Loan Sample Repayment Page

To assist you with determining the amount of loan you can afford to borrow, we are pleased to provide you with a sample repayment chart for the Federal PLUS loan. Repayment of the PLUS loan begins immediately after the loan is fully disbursed. The following chart is based on an 8.50% interest rate.

Amount Borrowed Number of Payments Payment per Month Total Interest Total Financed
$1,000 22 $50 $82 $1,082
$2,000 48 $50 $359 $2,359
$2,625 66 $50 $669 $3,294
$5,000 120 $62 $2,439 $7,439
$10,000 120 $124 $4,879 $14,879
$15,000 120 $186 $7,318 $22,318
$20,000 120 $248 $9,757 $29,757
$25,000 120 $310 $12,196 $37,196
$30,000 120 $372 $14,635 $44,635
$35,000 120 $434 $17,075 $52,075
$40,000 120 $496 $19,513 $59,513
$45,000 120 $558 $21,953 $66,953
$50,000 120 $620 $24,392 $74,392
$55,000 120 $682 $26,831 $81,831