2800 University Blvd N
Jacksonville, FL 32211
finaid@ju.edu
904-256-7060

Dear Alexis Rodriguez,

This is a personalized summary of your estimated current student loan indebtedness at this time. This information is being provided to you before you take on additional debt for the upcoming academic year. We encourage you to make use of the academic and financial planning resources suggested here to minimize future borrowing while you complete your degree as a student at Jacksonville University. The most up to date record of your loan history can be found at www.nslds.ed.gov.

Estimate of Your Total Education Loans:

$72,913


Interest Rates

Student loan interest rates vary based on when you borrowed and the loan type. Calculations in this letter for Subsidized and Unsubsidized loans are estimated at 6.6%. Grad PLUS loans are estimated at 7.6%.

Learn More about the current and historical rates.


Estimated Monthly Payments - All Federal Direct Stafford Loans
Federal Direct Stafford Loans: $72,913.00
Standard Repayment Terms: 10 years
Assumed Interest Rate:
(Federal Subsidized and Unsubsidized Loans)
6.6%
Assumed Interest Rate:
(Grad PLUS Loans)
7.6%
Monthly Payment $848.61
Cumulative Payments: $101,833.03
Projected Interest Paid: $28,920.03
Academic & Financial Planning Resources

Loans offered for the upcoming academic year or in some cases the current semester are not included in the figures provided in this letter. There is still time for you to reduce future debt by planning your expenses carefully and borrowing only what you really need. Meet with your advisor and set a plan to expedite completing your degree, if possible. We encourage you to make use of these resources to find ways to balance your budget:

  • You are also invited to make an appointment or drop by the Financial Aid Office to review your loan debt figures, talk about future borrowing and discuss repayment options with a counselor.
  • The standard 10-year repayment plan for Federal Direct Stafford Loans is one of many options. To find out about alternatives, visit this site.
  • To calculate payments on loans of all types; or to estimate your monthly obligation for your cumulative debt under various repayment options, visit this site.
  • Loan Term Glossary Visit Here.