Chance Me (and match): HS Senior, 95 GPA, 10 APs, 2 College Courses, 1510 SAT, <$15k [ME resident, $5k from parents, best NPC $15k, physics]

The fees are subtracted first. The fees for undergraduate loans aren’t huge - just over 1% - but they make a difference (and the entire amount borrowed, including the loan fees, is repaid with interest). A $5,500 loan actually pays out at $5,442 (or $5,441 depending on how the rounding is done).

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