INCOME-DRIVEN REPAYMENT

Overview

Income-driven repayment (IDR) plans sets monthly federal student loan payment at an amount intended to be affordable based on income and family size. Specifically, IDR plans set payments at a percentage of discretionary income and includes loan forgiveness for any remaining balance after the required repayment period.The Direct Loan program has four IDR plans.

Income-Driven Repayment Plan Request Information & Documents for the Direct Loan and FFEL Programs

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EA 2019-09-05 General

Subject: Revision of the Income-Driven Repayment Application

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Income-Driven Repayment (IDR) Plan Request Form

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GEN-16-18

This DCL announces the approval of changes to the Income-Driven Repayment Request form (IDR Request) for the Direct Loan and FFEL programs.

Loan Servicing Information – Availability of Pay As You Earn Repayment Plan and Electronic IBR/Pay As You Earn/ICR Repayment Plan Request

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EA 12/21/2012 IBR / PAYE / ICR Plan Request

Electronic Announcement dated December 21, 2012; and

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EA 01/11/2013 Electronic IBR/PAYE/ICR

Updated: January 11, 2013

PLEASE NOTE: The Income-Based Repayment Plan Implementation Guide can be found on the Income-Based Repayment page.

Income-Driven Repayment File Library

  • Income-Driven Repayment

Income-Driven Repayment

TitleDescriptionDownload
Income Driven Repayment Form

Revision of the Income-Driven Repayment Application 

OMB Form: 1845-0102

Revised: 08/31/2019

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EA 2019-09-05 Revision of the Income-Driven Repayment Application

The Office of Management and Budget (OMB) has approved a revised version of the income-driven repayment plan application under OMB Control Number 1845-0102. The revised versions have an expiration date of August 31, 2021. The forms are for use by borrowers who are seeking the Revised Pay As You Earn (REPAYE), Pay as You Earn (PAYE), Income-Based Repayment (IBR), or Income-Contingent Repayment (ICR) for loans made under the William D. Ford Federal Direct Loan (Direct Loan) Program and the Federal Family Education Loan (FFEL) Program.

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Income Driven Repayment Form (SP)

Revision of the Income-Driven Repayment Application 

OMB Form: 1845-0102

Spanish Version

Revised: 08/31/2019

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Income-Driven Repayment Comparison Chart

Information regarding Income-Based Repayment, Income-Contingent Repayment and Pay As You Earn repayment plans including helping hints and FAQs

Updated: 02/16/2017 

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NCHER Income Driven Repayment Presentation

The NCHER IBR, ICR and Pay As You Earn Power Point Training Presentation complete with: Definitions of key terms, Comparison of plans, Application process, Borrower example, Summary, Resources and Speaker's Notes

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