Your monthly payment depends on the amount of money you borrow, the repayment plan you choose, and your repayment term. You can use our calculator to estimate your full principal and interest payment by clicking here. You can also use the following tables to estimate your payments on different repayment plans. 5.99% is the interest rate with our Autopay Option, otherwise 6.49% applies without Autopay.
If you’re an undergraduate, your interest rate will be 5.99% or 6.24%. With the 0.25% Autopay interest rate reduction, your effective interest rate will be 5.74% or 5.99% respectively.
If you’re a graduate student, your interest rate will be 6.24%. With the 0.25% Autopay interest rate reduction, your effective interest rate will be 5.99%. (This amount will differ based on the repayment plan you choose.)
For example, for a $10,000 loan, at a 5.99% APR, you would make 120 monthly payments of $110.97 with a 10-year term and 180 monthly payments of $84.33 with a 15-year term. To qualify, a borrower must meet UHEAA’s underwriting requirements. This information is current as of June 2016 and is subject to change. Complete Student Loans are made by Utah Higher Education Assistance Authority. UHEAA reserves the right to modify underwriting standards, loan terms and benefits at any time.