I heard my payments on a graduated repayment plan will go higher so I wanted to know when that will happen
Payments will increase every two years
Do you expect your income to increase steadily over time?
no, not the way things are in the economy today
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how much can the payments increase?
They won't be more than three times greater than any other payment
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is this true for the unsubsidized stafford loan?
Yes, Unsubsidized Federal Stafford Loans are eligible for the Graduated Repayment Plan
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how long will I have to make payments?
Monthly payments are made for up to 10 years for all loan types except Direct Consolidation Loans and FFEL Consolidation Loans
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would a direct unsubsidized loan also be eligible for this repayment plan?
Yes, Direct Unsubsidized Loans are eligible for the Graduated Repayment Plan
