College Project

By: Lauren feely

University of Texas

Cost of attendance: $26,346

Interest rate: 3.1

Length of loan: 7 years

Monthly payment: $349.31

Total cost of loan: $29,342.04

Total interest: $2,996.04

Texas Christian University

Cost of attendance: $59,370

Interest rate: 3.1

Length of loan: 7 years

Monthly payment: $787.15

Total cost of loan: $66,120.60

Total interest: $6,750.60

Austin Community College

Cost of attendance: $1,206

Interest rate: 3.1

Length of loan: 7 years

Monthly payment: $15.98

Total cost of loan: $1,342.32

Total interest: $136.32

UCLA

Cost of attendance: $60,744

Interest rate: 3.1

Length of loan: 7 years

Monthly payment: $805.37

Total cost of loan: $67,651.08

Total interest: $6,907.08