College Planning Tool helps families estimate cost of higher education

The College Funding Forecaster allows students to input estimated costs, expected financial aid, savings and earnings to project total out-of-pocket expenses and potential student loan amounts at the college or university of their choice. Iowa Student Loan (ISL) Liquidity Corporation provides the College Funding Forecaster at

Students and families who don’t have financial aid notifications to refer to can still use the tool, according to ISL. The College Funding Forecaster uses historical data from the U.S. Department of Education’s College Scorecard to display average costs and financial aid amounts for each institution covered by the tool.