I have a question regarding the Loan Simulator in the FSA process. How accurate is it?
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Are you looking to get the most realistic results?
I have not tried it yet, I'm just wondering how accurate it is
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Is there anywhere on the website that I can send feedback to try to streamline the process or make it more user friendly?
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
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Is there a share option built in with the Loan Simulator?
Yes, we have invited every user to share the Loan Simulator with their friends and family
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How do I get the most accurate result from the Loan Simulator?
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
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What exactly is the Loan Simulator within the FSA?
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
