If your federal student loan payments are high compared to your income, you may want to repay your loans under an income-driven repayment plan. 
Most federal student loans are eligible for at least one income - driven repayment plan. If your income is low enough , your payment could be as low as $0 per month. An income - driven repayment plan sets your monthly student loan payment at an amount that is intended to be affordable based on your income and family size. We offer four income - driven repayment plans : Revised Pay As You Earn Repayment Plan REPAYE Plan Pay As You Earn Repayment Plan PAYE Plan Income - Based Repayment Plan IBR Plan Income - Contingent Repayment Plan ICR Plan If you d like to repay your federal student loans under an income - driven plan , you need to fill out an application. Why pay for help with your federal student loans when your loan servicer will help you for FREE? Contact your servicer to apply for income - driven repayment plans, student loan forgiveness, and more. Learn more about loan servicers. If you're seeking Public Service Loan Forgiveness , you should repay your federal student loans under an income - driven repayment plan. Try This Resource Federal Student Loans : Repaying Your Loans Provides information about federal student loan repayment plan options, finding loan history and loan servicers, and making payments. 

How is my monthly payment amount calculated under an income-driven repayment plan? 
Generally , your payment amount under an income - driven repayment plan is a percentage of your discretionary income. The percentage is different depending on the plan. The chart below shows how payment amounts are determined under each income - driven plan. Depending on your income and family size , you may have no monthly payment at all. * For the IBR Plan , you're considered a new borrower on or after July 1 , 2014, if you had no outstanding balance on a William D. Ford Federal Direct Loan Direct Loan Program loan or Federal 

user: Will something happen if I don't get my income and family size recertified by the annual deadline?

assistant: It is really important to recertify before the annual deadline.

assistant: Do you need to know what happens if you don't recertify your income before the deadline?

user: Yes, I would like to know the answer about recertifying my income.

assistant: The things that will happen vary depending on the plan you have.

user: What happens if my family size is not recertified?

assistant: The same repayment plan would be enforced if you do not recertify your family size.

user: What if I have an income that is not taxed or do not have an income at all?

assistant: You would have to mark it the online application or paper application and you are not required to supply further documentation.

user: Are their other repayment options if I do not want an income-driven repayment plan?

assistant: You would need to contact your loan servicer and discuss repayments options such as extending our repayment period or temporarily suspend your repayment through deferment or forbearance.

user: Is there another option besides income-driven plans for PLUS loans for parents?

assistant: Yes, parent borrowers of PLUS loans could put there loans into a Direct Consolidation Loan and then repay the new consolidation loan under the ICR Plan.