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University of Illinois Springfield Office of Financial Assistance

Schedule of Reductions Loan Calculator

Estimate your Direct Federal Student Loan eligibility.

Estimate only. This calculator is an educational aid. It is not a system of record and it does not create a loan offer. The tool is intended to be used to provide an estimate only and is not a guarantee of loan eligibility.

Enter Your Information

  1. Step 1: Select your degree level.
  2. Step 2: Enter your loan amounts.

    Enter the loan amount that is listed on your Financial Aid Offer Notification, found in myUIconnect (opens in a new tab).

  3. Step 3: Are you planning to enroll in Summer?

    Choosing Yes adds a Summer term to Step 4.

  4. Step 4: Enter your enrollment hours.

    Enter the credit hours you plan to take in each term. Enter 0 for a term you are not attending. Students enrolling less than half-time are not eligible for loans.

Your Loan Calculation

Loan eligibility by term after the Schedule of Reductions is applied.
Term Your Hours Full-time Hours Enrollment Intensity Subsidized Loan Unsubsidized Loan Total
Calculation detail and audit trail