What is the Income-Sensitive Repayment Plan that is available to low-income borrowerso who have FFEL Program loans?
The payments under the Income-Sensitive Repayment Plan can increase or decrease based on your income.
What if I need to make lower payments on my FFEL Program loan because my hours have been cut?
It sounds like the Income-Sensitive Repayment Plan is right for you.
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Do you know what FFEL Program Loans are eligible?
The subsidized and unsubsidized Federal Stafford Loans, FFEL PLUS loans, and FFEL Consolidation Loans are all available for Income-Sensitive Repayment Plan.
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What if I have an FFEL Program loan owned by the US Department of Education?
You should contact your loan servicer.
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What would my monthly payments look like under this Income-Sensitive Repayment plan?
Under this plan your monthly payments will increase or decrease based on your annual income and are made for a maximum of 10 years.
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Do you have an FFEL Program loan owned by the US Department of Education?
No, I do not have an FFEL Program loan owned by the US Department of education.
