Federal Student Loans: Income-Based Repayment (IBR) Options

Learn more about IBR plans for federal student loans. Check eligibility requirements, the benefits of IBR, and view the IBR payment calculator, and some examples of how a borrower's monthly student loan payment amount can be reduced under IBR.
The following are examples of federal student loans that qualify under IBR: All Stafford, PLUS and Consolidation Loans made under either the Direct Loan or FFEL Program are eligible for repayment under IBR, EXCEPT loans that are currently in default, parent PLUS Loans (PLUS Loans that were made to parent borrowers), or Consolidation Loans that repaid parent PLUS Loans. The loans can be new or old, and for any type of education (undergraduate, graduate, professional, job training). 

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