Mapping Your Future's calculators can be integrated, customized
By Beth Ziehmer
June 05, 2019
Mapping Your Future's calculators enable students, parents, and others to manage their money and student loans. These calculators are, for many schools, a vital tool for counseling students and can be an important part of a default prevention strategy.
Schools are encouraged to link to the calculators from the school's website. Sponsors of Mapping Your Future, schools in Sponsored states, and Member schools can link, integrate, and even customize the calculators on their site.
Mapping Your Future's calculators include:
- Budget calculator
Develop a saving and spending plan
- Bank balancing tool
Reconcile your checking account records with your bank records
- Savings calculator
Calculate how valuable saving can be
- Debt/salary wizard
Understand how much you can afford to borrow in student loan funds (and calculate student loan payments)
- Repayment calculator
Estimate your student loan payments
- Loan consolidation calculator
Estimate your consolidation loan interest rate and payment amount
- Income-based repayment calculator
Estimate your monthly payment amount under the Income-based repayment plan [for Direct Loan and Federal Stafford (subsidized and unsubsidized), Direct PLUS and Grad PLUS, and Direct Consolidation Loans which do not include any Parent PLUS or Direct PLUS loans]
Contact the Mapping Your Future staff at email@example.com or (800) 374-4072 with any questions or to request documentation on integrating the calculators.