Of course. The payments under this plan increase or decrease based on your annual income.
Do you need to make lower payments on your FFEL Program loans?
No, I don't.
What can you tell me about monthly payments?
Under this plan, you'll have monthly payments.
I'm aware of that. But what if I have FFEL Program loans owned by the U.S. Department of Education ED?
In that case you should contact your loan servicer.
I understand. Say, which loans are eligible for that repayment plan we talked about?
There are several loans which are eligible for the income-sensitive repayment plan, all of them listed on our website.
Allow me one final question: what if I have FFEL Program loans that are not owned by ED?