Want more information about the income - driven repayment plans ?
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Explore our Questions and Answers page on Income Driven Plans
How long will I have a refund under each plan?
Income-based repayment plans have different repayment periods Under all four plans, any remaining loan balance is forgiven if your federal student loans are not paid in full at the end of the repayment period
very well and how do I calculate the amount of my payment?
You can Use our loan simulator. Loan Simulator provides a comparison of estimated monthly payment amounts for all federal student loan repayment plans, including income-based plans.
Will the ICR Plan give me benefits for PLUS loans?
The benefits of this plan will give you the only income-based repayment option available to major PLUS loan borrowers.
What would be the different payment periods?