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Free Tool · Financial Aid Office

Student Educational Loan Repayment Estimator

Help graduating students understand their loan repayment timeline — calculate monthly installments, total interest, and payoff date for financial aid counselling sessions.

Runs entirely in your browser · No login · No data uploaded

Loan Details

Enter the loan details and click Calculate Repayment Plan.

How to Calculate a Loan Repayment Plan in 3 Steps

Follow these steps to get results in under a minute

01
Enter the loan details
Input the principal loan amount, annual interest rate, repayment term in months, and any grace period (where only interest is paid before full repayment begins). Set the start month.
02
Calculate the repayment schedule
Click Calculate Repayment Plan to see the monthly payment amount, total interest over the loan term, and a full amortisation schedule showing principal and interest breakdown per month.
03
Print the repayment plan for the student
Print a personalised repayment plan with the student's name, all key figures, and the monthly schedule. Ideal for financial aid counselling sessions and loan agreement documentation.

How Loan Repayment Estimator Compares

vs spreadsheets, manual processes, and paid platforms

Feature UniCloud360 Loan Repayment Estimator Manual CalculationBank Provided EstimateFinancial Calculator App
Full amortisation schedule Month-by-month Manual arithmetic ⚠️ Summary only ⚠️ Limited rows
Grace period support Configurable months ⚠️ Fixed by bank ⚠️ Not always shown ⚠️ Config required
Student-named printable plan Named PDF/print Generic only ⚠️ Bank letterhead only No print
Total interest calculation Exact amount ⚠️ Manual calculation Yes Yes
Works offline / no login Browser only Yes ⚠️ Sometimes ⚠️ App required
Cost Free forever ⚠️ Bank visit required Free ⚠️ Paid app

What Financial Aid Officers Are Saying

Trusted by lecturers and students across Sri Lankan universities

4.9
★★★★★
4 reviews
CJ
Chamari Jayawardena
Financial Aid Officer
★★★★★

"We do 200+ loan counselling sessions each graduation cycle. Previously I'd pull up a bank calculator on my phone and explain the numbers verbally. Now I enter the details, show the student the full schedule on screen, and print a personalised plan they take home. The difference in understanding is remarkable."

DF
Dilshan Fernando
Student Services Coordinator
★★★★★

"The grace period field is the one feature that makes this genuinely useful for educational loans. Most student loans have a 6-12 month grace period after graduation — banks rarely show this properly in their calculators."

NS
Nimali Senanayake
Bursary Officer
★★★★★

"Students are much more likely to repay on time when they understand exactly what they owe each month and when the loan ends. The visual breakdown of interest vs principal over time changes the conversation from anxiety to planning."

KR
Kasun Rathnayake
Financial Counsellor
★★★★☆

"The printed plan has the student's name, the exact monthly payment, the total interest, and the payoff date. Students sign the plan and keep it — we've noticed it gets referenced more than any other document we give them."