MBA Cost Optimal Loan Selection
This tool is meant to provide a rough estimate, and is not financial advice.
Compare a Federal Direct Unsubsidized Loan against a Juno Negotiated Deal (or other private loan) using your numbers. You can also add Grad PLUS to the comparison.
Update the inputs below to see your estimated savings.
Inputs
Note: For students beginning graduate programs after July 1, 2026, Grad PLUS loans will no longer be available, and Federal Direct Unsubsidized loans for MBA students will be capped at $20,500 per year ($100,000 aggregate). Any costs above that cap will need to be covered another way, such as with a Juno Negotiated Deal or other private loan. Read more here
Comparison
| Direct Unsubsidized Loan | Grad PLUS | Juno Negotiated Deal or other Private | ||
|---|---|---|---|---|
| Loan Amount | ||||
| Interest Rate** | ||||
| Origination Fee (percent) | ||||
| Origination Fee (dollars) | ||||
| Starting Principal | ||||
| Deferment Period | months | months | months | |
| Interest during Deferment | ||||
| Principal after Deferment | ||||
| Loan Term | months | months | months | |
| Monthly Payment | ||||
| Total Payments | ||||
| Total Cost | ||||
*This calculator is for informational purposes only.
**The interest rate for Federal Direct Unsubsidized Loans was set in May 2026.
***This number represents the average loan rate Juno members received in 2025.
Grad PLUS figures assume you remain eligible to keep borrowing Grad PLUS. It uses the current federal Direct PLUS interest rate (9.07%) and a 4.228% origination fee, and is uncapped for eligible continuing borrowers.
Disclaimer: This calculator is for informational purposes only and should not be considered financial advice. Interest rates are not guaranteed and subject to change without notice. The results of this calculator are estimates and may not reflect the actual cost of a loan.
More comfortable in a Google Sheet? Click here to access a customizable version of this file.
Results (Optimal Loan Breakdown)
Estimated amount saved
Additional funding needed:
Federal Direct Unsubsidized loans are capped at $20,500 per year, so the comparison above covers only the first $20,500. You would need about in additional funding, such as a Juno Negotiated Deal or other private loan.
Monthly Payment Comparison
Total Cost Comparison