Ways to Pay
Families typically pay for college using many resources – income, savings, financial aid, tax breaks and borrowing.
Wondering how much you need to earn to pay your student loan debt? FAME’s interactive calculator can help you figure out how much you should borrow based on expected future earnings.
Use this online calculator to create a monthly budget.
Compare award packages from several schools using BigFuture™ by The College Board’s online tool.
Net Price Calculator is an online tool that calculates your estimated annual cost to attend each school. Net Price Calculator can be found on each school’s website. Sometimes, it is also called a cost calculator or financial aid estimator.
Use Federal Student Aid’s Repayment Estimator to learn which plans you may be eligible for and estimate how much your monthly payment would be for various federal student loans.
Calculate how much your account will be worth in the future, and the interest earned.
You may be eligible for these other programs that can help you reduce the amount you need to borrow or refinance.
The Opportunity Maine Tax Credit reimburses student loan payments for college graduates who live and work in Maine.
Check out other tax benefits.
Additional Profession-Specific Loan and Grant Programs
Other FAME-administered education loan and grant programs may be the right fit for you, including some with a loan-forgiveness feature.