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Understand Student Loan Repayment Plans

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Federal Student Aid has announced an account adjustment that will bring borrowers closer to forgiveness under income-driven repayment (IDR) plans. Find out whether you could benefit from changes that will take effect in fall 2022.

Repayment plans determine your monthly student loan payment amount, how many years it will take to pay back what you borrowed, and how much interest you will pay over the life of your loan.

Keep in mind, the longer it takes to pay back your loan, the more interest will accrue and increase the overall cost of your loan.

Which Repayment Plan Is Right for You?

Get Started!

Learn more and change your repayment plan If you aren't already logged in, you'll be asked to do so. Then, the next few pages will help you decide which standard payment plan is best for your situation. Once you've decided which plan is right for you, we'll guide you through the steps to change your plan.

Not finding the right repayment option?

Not everyone follows the same path while in school, or afterward when you're expected to pay back your loans.

Download a comparison chart of all of the repayment plans or learn more about other repayment options to find the one that best fits your circumstances.

Get in Touch

Have a social account and have a question? Send us a message. We're here to help. You can chat with us a few ways:

You can also log in or visit our Contact Us page to contact a representative.

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