Use this calculator to determine the amount of money that you will either receive from your loan or the amount you need to request after origination fee. All amounts below are represented in U.S. dollars. Choose a loan typeSelect…StaffordParent PLUS/Grad Plus Calculate the amountSelect…I will borrowthat will disburse Amount Awarded Fee* Amount You Will Receive Amount Needed Fee* Amount You Will Need to Request Reset *The origination fee is charged by the Department of Education for each federal student loan you receive. It is a percentage of the total loan amount you are borrowing (request/awarded amount). The loan fee is deducted proportionately from each disbursement of your loan. This reduces the actual loan amount you receive (needed/received amount). The specific loan fee that you are charged will be included in a disclosure statement you will receive after the first disbursement of your federal student loan. You will be required to repay the request/awarded amount.