For your information, payments in a Standard Repayment Plan are fixed and are made for up to 10 years, repayments can be made between 10 and 30 years for any consolidated loans
Are you looking for the repayment plan that will ensure that you pay the least amount of interest over the lifetime of the borrowing?
Yes, that would certainly be my intention
With the Standard Repayment Plan, you will pay the least amount of interest over the life of the loan
I understand that standard plan interests me, how can I get more information if I have loans from the FFEL Program owned by the US Department of Education?
You would have to contact your loan servicer.
All right. In terms of laws and regulations, what are the monthly payment guidelines for combined loans?
There are rules and regulations that must be followed that I can go through with you now if you would like?
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.
Good to know, regarding monthly Payments for consolidation loans, what can happen if I have a consolidated Loan from the Direct Loan Program or a consolidated FFEL Loan?
In this instance, the length of the repayment period will depend on the amount of borrowing that is outstanding, known as your total education loan indebtedness, this debt includes any student loan debt you may have that is joined to your consolidation loan
What is included in borrowing that is not part of a Consolidation Loan?
This would include any federal loan that you would have that is not included in the consolidation loan, or any private student loan that you may have availed of
What are the terms of the Federal Education Loan, with the exception of consolidation loans?