🎓 Student Loan Calculators North Carolina

North Carolina Student Loan Repayment Calculator

Calculate student loan payments in North Carolina. Compare standard, IDR, and forgiveness plans. See total cost with state tax impact.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

North Carolina Quick Facts

4.5% Income Tax Rate

0.84% Property Tax Rate

$60,516 Median Income

95.1 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Student loan repayment calculator for North Carolina residents. Standard repayment uses fixed amortization. Income-Driven Repayment (IDR) estimate is 10% of discretionary income (income above 225% of federal poverty level). North Carolina taxes income at up to 4.5%, affecting your net repayment cost. Federal student loan interest deduction: up to $2,500/year if income qualifies.

Key State Information

North Carolina student loan facts: Median income $60,516 | Cost of living index: 95.1 | State income tax up to 4.5%. Average student debt nationally: ~$37,000.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Federal Student Aid, Census Bureau

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

What are student loan repayment options in North Carolina?

North Carolina residents can use federal repayment plans: Standard (10 years fixed), Graduated, Extended, and Income-Driven (SAVE, PAYE, IBR, ICR). With North Carolina's income tax of up to 4.5%, effective cost of repayment is higher. PSLF is available for qualifying public service workers after 120 payments.

How much is the average student loan payment in North Carolina?

Based on the national average debt of $37,000 at 5.5% interest, the standard monthly payment is about $401/month over 10 years. In North Carolina, with a median income of $60,516, this represents about 8% of median household income.