We encourage students to manage their loans by checking the National Student Loan Database.  That database will list the Federal Perkins and Federal Direct and/or Stafford loans that you have taken out for attendance at Findlay and at prior institutions.  The link follows:



Below is a table that assumes your having borrowed $27000 during four years of study.  In your freshman year you are assumed to have borrowed $5500; as a sophomore, 6500; as a junior and senior, 7500 each year.  The interest rates is fixed at 6.8 percent, and you wish to repay the loan in 10 years.  The monthly payment is $310.72, and the payment schedule follows
(due to rounding, totals may be slightly off):

Outstanding	Monthly	Monthly	Principal
Balance	Payment	Interest	Paid
27000.00	310.72	153	158
26842.28	310.72	152	159
26683.67	310.72	151	160
26524.15	310.72	150	160
26363.74	310.72	149	161
26202.41	310.72	148	162
26040.17	310.72	148	163
25877.01	310.72	147	164
25712.93	310.72	146	165
25547.92	310.72	145	166
25381.97	310.72	144	167
25215.08	310.72	143	168
25047.24	310.72	142	169
24878.46	310.72	141	170
24708.72	310.72	140	171
24538.01	310.72	139	172
24366.34	310.72	138	173
24193.70	310.72	137	174
24020.07	310.72	136	175
23845.47	310.72	135	176
23669.87	310.72	134	177
23493.28	310.72	133	178
23315.69	310.72	132	179
23137.09	310.72	131	180
22957.48	310.72	130	181
22776.86	310.72	129	182
22595.20	310.72	128	183
22412.52	310.72	127	184
22228.81	310.72	126	185
22044.05	310.72	125	186
21858.25	310.72	124	187
21671.39	310.72	123	188
21483.48	310.72	122	189
21294.50	310.72	121	190
21104.44	310.72	120	191
20913.32	310.72	119	192
20721.10	310.72	117	193
20527.80	310.72	116	194
20333.41	310.72	115	195
20137.91	310.72	114	197
19941.31	310.72	113	198
19743.59	310.72	112	199
19544.75	310.72	111	200
19344.78	310.72	110	201
19143.68	310.72	108	202
18941.44	310.72	107	203
18738.06	310.72	106	205
18533.52	310.72	105	206
18327.82	310.72	104	207
18120.96	310.72	103	208
17912.93	310.72	102	209
17703.71	310.72	100	210
17493.31	310.72	99	212
17281.72	310.72	98	213
17068.93	310.72	97	214
16854.94	310.72	96	215
16639.73	310.72	94	216
16423.30	310.72	93	218
16205.64	310.72	92	219
15986.76	310.72	91	220
15766.63	310.72	89	221
15545.25	310.72	88	223
15322.62	310.72	87	224
15098.73	310.72	86	225
14873.57	310.72	84	226
14647.13	310.72	83	228
14419.41	310.72	82	229
14190.40	310.72	80	230
13960.10	310.72	79	232
13728.48	310.72	78	233
13495.56	310.72	76	234
13261.31	310.72	75	236
13025.74	310.72	74	237
12788.83	310.72	72	238
12550.58	310.72	71	240
12310.98	310.72	70	241
12070.02	310.72	68	242
11827.70	310.72	67	244
11584.01	310.72	66	245
11338.93	310.72	64	246
11092.46	310.72	63	248
10844.60	310.72	61	249
10595.33	310.72	60	251
10344.65	310.72	59	252
10092.55	310.72	57	254
9839.02	310.72	56	255
9584.06	310.72	54	256
9327.65	310.72	53	258
9069.78	310.72	51	259
8810.46	310.72	50	261
8549.67	310.72	48	262
8287.39	310.72	47	264
8023.64	310.72	45	265
7758.38	310.72	44	267
7491.63	310.72	42	268
7223.36	310.72	41	270
6953.57	310.72	39	271
6682.25	310.72	38	273
6409.40	310.72	36	274
6135.00	310.72	35	276
5859.05	310.72	33	278
5581.53	310.72	32	279
5302.44	310.72	30	281
5021.76	310.72	28	282
4739.50	310.72	27	284
4455.64	310.72	25	285
4170.17	310.72	24	287
3883.08	310.72	22	289
3594.36	310.72	20	290
3304.01	310.72	19	292
3012.01	310.72	17	294
2718.36	310.72	15	295
2423.04	310.72	14	297
2126.05	310.72	12	299
1827.38	310.72	10	300
1527.02	310.72	9	302
1224.95	310.72	7	304
921.17	310.72	5	306
615.67	310.72	3	307
308.44	310.72	2	309