The payments under the Income-Sensitive Repayment Plan may increase or decrease based on your income.
Do you need to make lower payments on your FFEL Program loans?
Yes, I am getting less hours at work and need to lower my payments.
Then this plan might be right for you.
I would like to know what happens when I switch to the FFEL program to reduce payments and if my loan is transferred to a new servicer? Could you see all the details online?
All of your loan information will be transferred from your assigned administrator to your new administrator, but you may only be able to view information online that covers the period since your new administrator took over your loans....
Alright. Now, regarding the Eligibility FFEL Program Loans. Are the FFEL Consolidation Loans is consider an eligible?
Yes, they are available for the Income-Sensitive Plan.
Another question, about the repayment of my loan, what are the payment options?
You can contact your loan servicer who will advise you as to how to make payments on your loan.
Also, for the Income Sensitive Plan. How can I get more information about FFEL Program loans?
You should contact your loans servicer for more information.
Where should I go to find out about federal student loans I have received?
You should visit My Federal Student aid to view information about all of the federal student loans you have received and to find contact information for the loan servicer or lender for you loans.
Are unsubsidized Federal Stafford Loans eligible for Income-Sensitive Repayment?