Student Lending
Compliant Educational Lending Calculations
CarletonCalcs® Student Lending API provides all the federal student lending disclosure computations and output data in compliance with applicable laws. This API can calculate interim payments or deferrals, graduated repayments, origination fee calculations, and more. In 1969, Carleton played a lead role in the creation of Regulation Z Appendix J annual percentage rate (“APR”) disclosure requirements. We continue this leadership by supporting the computation of all student loan charges reported on the 1098-E including the Original Issue Discount (“OID”).
Fixed and Interim Rate Loans
Repayment Options
In-School Payment Options
Origination Fees Based on Percentage of Loan Amount
Limited Aggregate Deferral Periods
Interest Capitalization Options
Grace Period Support
Multiple Disbursements Support
Markets CarletonCalcs® Student Lending Serves
Supporting a Variety of Student Loan Programs
CarletonCalcs® Student Lending API seamlessly supports the computation of all student loan charges and federal student lending disclosures.
