Options to Reduce Federal Loan Payments - Income Sensitive Repayment Tab

Income Sensitive Repayment

Income Sensitive Repayment is an income-driven repayment plan available to borrowers who have Subsidized or Unsubsidized Federal Stafford Loans, parent or graduate/professional PLUS Loans or Consolidation Loans made under the Federal Family Education Loans (FFEL) Program. Loans made under the Federal Direct Loan Program are not eligible. Under this plan, your monthly payments increase or decrease based on your annual income and are made for a maximum period of 10 years.

If you have loans owned by the U.S. Department of Education, contact your loan servicer. If you have FFEL program loans that are not owned by the U.S. Department of Education, contact your lender. If you are unsure who is the lender or loan servicer for your federal student loans, log into your account with the Office of Federal Student Aid to find out.