Are You A SMART Borrower?
How it Works
The 5 Tips for SMART Borrowing
NOTE: The values shown in this tool are only estimates. They are based on national averages and the information you enter.
Further research is recommended to determine major/degree availability and years required for your selected college.
Net Cost Data
Source: U.S. Department of Education. Institute of Education Sciences, National Center for Education Statistics, (IPEDS) Fall 2021 Institutional Characteristics and Student Financial Aid components.
This data represents the total cost of attendance for in-state students. Cost of attendance for out-of-state students may be higher.
Average Loan Debt
Source: U.S. Department of Education. Institute of Education Sciences, National Center for Education Statistics. (IPEDS) Fall 2020, Student Financial Aid component.
Source: Data was extracted from the May 2022 Occupational Employment and Wage Estimates, U.S. Bureau of Labor Statistics. The data was released in March 2023.
Employment Projections by Occupation
Source: Employment Projections Program, U.S. Bureau of Labor Statistics. The data was released in September 2023.
Cost of Living
Source: Data was extracted from the 2021-22 Consumer Expenditure Survey, U.S. Bureau of Labor Statistics. The data was released in September 2023.
Learn what you should do to get ready for college.
Get help to determine the cost of college and with your search for funding.
Budgeting and Personal Finance
Find a one-stop shop for you to manage your money and keep track of your spending.
- Talk to your parents or guardians about your choices.
- Do more research on colleges that interest you.
- Start to think about how you are going to pay for college.
- Get more information from these helpful websites.
Was our smart borrowing tool helpful? What did you like? What would make it better?
The Pennsylvania Higher Education Assistance Agency
As a state agency, PHEAA devotes its energy, resources, and imagination to developing innovative ways to ease the financial burden of higher education for students. Some of the great programs that PHEAA offers are: