Payment under the plan increase or decrease based on your annual income.
Do you have a Federal Family Education Loan (FFEL) Program loan and if so do you need to lower your payments on your loan?
No I don't need to lower my payments at this time, thank you.
Would I be eligible for the Income-Sensitive Repayment Plan if I have a FFEL Plus Loan?
Yes you will be.
What loans are not eligible for the Income-Sensitive Repayment Plan?
A William D. Ford Federal Direct Loan is not eligible for the repayment plan.
What about Subsidized Federal Stafford Loans?
Yes these loans are also eligible.
What other loans are eligible for this program?