Try Loan Simulator 
Loan Simulator is a new tool to help you make decisions about your student loans. Use it to find a repayment plan that meets your needs and goals or to decide whether to consolidate. 

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Let's get started. 
We will guide you through a series of questions based on your selection below. 

I Want to Find the Best Repayment Strategy 
We will recommend a repayment plan based on your needs and goals and help you explore options like making extra payments or consolidating your loans. Log In and Start Or Start From Scratch See how you can lower your payment. See how you can pay off your loans faster. Decide whether to consolidate. 

I'm Struggling With My Payments 
Decide whether you want to temporarily stop payments or lower your monthly payment instead. Log In and Start Or Start From Scratch Consider a new repayment plan instead of suspending payments. Find out about the impacts of suspending payments. Learn how to avoid loan default. 

I Want to Simulate Borrowing More Money 
Find out what happens when you borrow more money to pay for educational expenses, returning to school, or finishing your studies later than expected. Coming Soon Or Start From Scratch Explore impacts when you borrow more. Find out about federal loan limits. See how choice of school affects how much you may need to borrow. 

How Accurate Is Loan Simulator? 
To get the most realistic results , provide complete and accurate information when using Loan Simulator. Keep in mind , this tool can t predict your future payments with 100% accuracy. In order to make these predictions , Loan Simulator makes several assumptions as it calculates monthly repayment amounts. Important: Results of Loan Simulator are for informational purposes only and should not be considered financial advice. You are encouraged to review all available options and make decisions about borrowing and repayment that align with your individual goals. Learn more about Loan Simulator calculations. 

Help Us Bu

user: I have a question regarding the Loan Simulator in the FSA process. How accurate is it?

assistant: Are you looking to get the most realistic results?

user: I have not tried it yet, I'm just wondering how accurate it is

user: Is there anywhere on the website that I can send feedback to try to streamline the process or make it more user friendly?

assistant: You can contact us in the "Help Us Build This Tool" section, where you can share your feedback, ask any questions and send any requests for new features

user: Is there a share option built in with the Loan Simulator?

assistant: Yes, we have invited every user to share the Loan Simulator with their friends and family

user: How do I get the most accurate result from the Loan Simulator?

assistant: You will need to provide the most complete and accurate information during the process. This tool cannot however, predict your future payments with 100% accuracy

user: What exactly is the Loan Simulator within the FSA?

assistant: The Loan Simulator is a new tool that is designed to help you make decisions about your student loans. It can be used to find repayment plans that will suit your needs and wishes, and may even prompt you to consolidate your borrowings