Long before the federal government took over student loans, the nonprofit organization now known as
AccessLex Institute®, has been active in helping students finance their legal education. One tool AccessLex provides free of charge is a Student Loan Calculator, which helps students evaluate borrowing options and potential repayment plans. Now that calculator has been updated to account for changes to student loan limits and other aspects of federal lending enacted as part of the giant tax cut bill signed into law by President Trump last year. Access Lex describes some of the changes to the calculator below.

• Updated Loan Limits and Borrowing Projections: Borrowing calculations now reflect new Federal Direct Unsubsidized Loan limits and incorporate private loans when applicable, helping law students better understand total borrowing and long‑term repayment obligations.
• Two New Repayment Options: The Calculator now includes the Tiered Standard Repayment Plan and the Repayment Assistance Plan (RAP), with a reorganized results page that makes it easier to compare repayment pathways.
• New Private Loan Calculator: An integrated Private Loan Calculator allows borrowers to view private loan repayment estimates alongside federal projections, providing greater clarity around total repayment and long‑term financial planning.