Hello, I would like you to help me choose the federal student loan payment plan that is best for me.
Are you in search of a loan where your payments are more affordable?
not necessarily
================
And how can I see what plans you can access?
Before contacting your loan manager to discuss repayment plans, you can use our Loan Simulator to get an early look at the plans you may be eligible for and see estimates of how much you would pay monthly and overall.
================
and what are the loans based on?
repayment plans may give you more time to repay your loans or may be based on your income.
And then could I change the payment plan?
Although you can select or be assigned a payment plan when you start paying off your student loan, you can change your payment plans at any time for free.
================
And how is the federal Perkins loan?
The options for the repayment plan of the Perkins Loan are not the same as for the loans of the Direct Loan Program or the FFEL Program. Check with your school for more information on Perkins loan repayment plans.
