The Low Income Protection Plan (LIPP) provides loan repayment assistance to graduates in eligible jobs. This estimator gives an illustration of LIPP benefits at different types of employment with varying salaries, salary increases and levels of debt. While it provides a reasonably accurate picture of how LIPP works for most graduates, actual LIPP benefits are determined by the LIPP staff at the time of aplication using information particular to each applicant. The results of this estimator should not be construed as an assurance of a specific level of LIPP support. We strongly recommend that every student interested in LIPP meet with a member of the LIPP staff to get a personalized LIPP benefits projection.

Here are a few tips for using the estimator:

Question 1: To estimate HLS debt at graduation, if you are a continuing student, review your Borrowing History on the SFS Self Service Portal and project forward for your remaining years at HLS. If you are an entering student, you can start by assuming an average level of debt. The average principal student loan balance at graduation of borrowers from the HLS Class of 2020 was $170,866, and will increase by about 4% per year after that. You can try the calculator using a variety of debt levels to create different scenarios. This calculator's payment estimates include accrued interest on unsubsidized loans during a typical period of enrollment.
Question 2: Borrowing to replace an imputed student income or asset contribution is not eligible for LIPP, but borrowing to replace imputed parental resources is eligible for LIPP. as described in the LIPP guidelines on eligible borrowing. If you are a current student, you can login to the SFS Self Service Portal and select "Budget & Awards" from the Financial Aid menu to see how much of your borrowing for the current academic year is eligible for LIPP.
Question 5: When you select a job type from this dropdown list, the starting salary and annual salary increase percentage will be automatically filled in for that job. You can choose to override these default amounts if you wish.
This estimator does not account for adjustments to LIPP awards based on the value of a participant's assets, spouse's income, allowances for dependent children, or parental leave. Review the LIPP guidelines for more information on these policies.
This estimator does not account for increases to LIPP awards based on the Longevity Allowance that recognizes longer term participation in LIPP. You can find more information about that policy on this page.
For purposes of illustration, this estimator assumes an average interest rate of 5.5% on education loan debt with an allowance for three years of accrued in-school interest, and uses the current LIPP salary scale to perform calculations. Actual interest rates will vary.

Estimator:

1.)	How much HLS-related education loan debt will you have at graduation? (enter amount, no commas)
2.)	How much of that debt will be LIPP eligible? (enter amount, no commas)
3.)	How much undergraduate/Harvard joint degree debt will you have at graduation? (enter amount, no commas)
4.)	For how many years will you stay in a LIPP-eligible job?
5.)	What type of job will you get at graduation? (only used to estimate starting salary and annual salary increase)
6.)	What is your starting salary? (enter amount, no commas)
7.)	Choose a projected annual salary increase percentage
8.)	In what year will you graduate? (if earlier than 2020, choose "2020")

LIPP Benefit Summary

	Number of years you receive LIPP benefits
	Total LIPP benefits received	$

Estimator:

LIPP Benefit Summary