I can help you with that. It's very important that you re-certify your income and family size by the given annual deadline.
Have you recertified your income by the deadline?
Yes, I have.
Excellent. Those who don't re-certify would be subject to varying consequences depending on their plan.
What does applying for an income-driven repayment plan allow me to do?
Completing the application allows you to select an income-driven repayment plan by name or  request that your loan servicer determine what plan you qualify for. The loan servicer would then place you on the plan with the lowest monthly payment.
What if I have an outstanding balance on a Direct Loan?
If you have an outstanding balance on a Direct Loan or FFEL program loan when you received a loan on or after Oct. 1st 2007, you will not qualify for the PAYE plan.
How do REPAYE and ICR plans work?
Under these plans, your payment is always based on your income and family size, regardless of income changes. For example, if your income increases over time, your payment may be higher than the amount you would have to pay under the 10 year Standard Repayment Plan.
What repayment plan is available for FFEL program loans?