Yes, the income-sensitive repayment plan can decrease or increase based on your income.
Do you need to make lower payments on your FFEL Program loans?
No not at this time but looks like I could in the future.
What will happen with my monthly payments on Income-Sensitive Repayment Plan?
Your monthly payments could increase or decrease.
How can I get more information if I have FFEL Program loans owned by the US Department of Education?
You would have to contact your loan servicer.
What loans are not eligible?
William D. Ford Federal Direct Loans are not eligible.
What FFEL Program Loans are eligible for Income Sensitive Repayment?