You must either add loans manually or use average loan balances. Loans that have been added manually may be edited or deleted once added.
Your Loan
Balance
Average Loan Balance
Average Loan Balance
Interest Rate
Interest Rate
Interest Rate
Loans
Details
Servicer Phone Number
The chart will display only the repayment plans that you may be eligible for based on the eligibility of your loan type(s). Contact your servicer to confirm your eligibility for this repayment plan.
= eligible
= not eligible
= not enough information to determine/contact your servicer
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= eligible
= not eligible
= not enough information to determine/contact your servicer
*Some of your loans might not be eligible for this repayment plan, check the repayment plan eligibility information below or ask your servicer for more information.
Based on the circumstances of your loans, you may have to pay interest on your Direct Subsidized Loans during all periods.
More Information
Your Tax Filing Status
Your Tax Filing Status
Your Tax Filing Status
| Your Tax Filing Status | |
Spouse Loans
Details
| Loan Type | |
| Balance | |
| Interest Rate |
Loan Type
Balance
Interest Rate
Add Your Spouse's Loan(s)
Loan Type
Balance
Interest Rate
The loan balance displayed is based on the information we received from the National Student Loan Data System (NSLDS®).
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The interest rate displayed is the weighted average of all the interest rates on your loans. A weighted average interest rate takes into account the amount of each loan that factors into the weighted average to make the calculations more accurate. For example, the interest rate on a $10,000 loan will impact the weighted average more heavily than will the interest rate of a $5,000 loan.
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Search for your school to verify the type of school you're attending:
- Four-year, Public;
- Four-year Private, Not-for-profit;
- Four-year Private, For-profit;
- Two-year, Public;
- Two-year Private, Not-for-profit; or
- Two-year Private, For-profit.
If your spouse has eligible Federal Student Loans, this information may influence your payments under the Income Driven Repayment plans. If you select 'Married Filing Jointly' from the drop down menu, you will be presented with the option to add your spouse's loans manually.
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Your spouse's eligible federal student loans (if any) or income may be taken into account when determining your eligibility for income-driven repayment plans and your payment amount under the income-driven repayment plans if:
- you file a joint federal income tax return with your spouse; or
- you and your spouse have a joint Direct Consolidation or FFEL Consolidation Loan; or
- you and your spouse have Direct Loans and both of you want to repay those loans under the ICR Plan.
If any of these apply, add your spouse's loan(s) (if any) and interest rate(s) here and enter your combined adjusted gross income (AGI) for Your Income.
The payment estimates below will include your spouse's income and loans (if any) for purposes of determining payment estimates for your loans only. To obtain payment estimates for your spouse's loan(s), your spouse may sign-in and/or use this tool to estimate payments for his/her loans separately.
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Your Income
Your Income
Your Income
| Your Income | |
Adjusted Gross Income is an individual (or couple's) total taxable income minus specific reductions. You can find your Adjusted Gross Income on your most recently filed IRS Form 1040, 1040A, or 1040EZ, or by requesting a tax return transcript online at http://www.irs.gov/Individuals/Get-Transcript Adjusted Gross Income is an individual (or couple's) total taxable income minus specific reductions. You can find your Adjusted Gross Income on your most recently filed IRS Form 1040, 1040A, or 1040EZ, or by requesting a tax return transcript online at http://www.irs.gov/Individuals/Get-Transcript
CloseFamily size always includes you and your children (including unborn children who will be born during the year for which you certify your family size), if the children will receive more than half their support from you.
For the PAYE, IBR, and ICR Plans, family size also always includes your spouse.
For the REPAYE plan, family size includes your spouse unless your spouse's income is excluded from the calculation of your payment amount.
For all plans, family size also includes other people only if they live with you now, receive more than half their support from you now, and will continue to receive this support for the year that you certify your family size. Support includes money, gifts, loans, housing, food, clothes, car, medical and dental care, and payment of college costs.
For the purposes of repayment plans, your family size may be different from the number of exemptions you claim on your federal income tax return.
The Public Service Loan Forgiveness (PSLF) Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan (i.e. IDR or Standard Repayment plan) while working full-time for certain public service employers.
Qualifying employers include governmental organizations and many not-for-profit organizations.
Your Estimated Payments
Your Estimated Payments
Your Estimated Payments
| Your Estimated Payments |
When we estimate your payments for each repayment plan, we include only the loans that are eligible for that repayment plan. If some of your loans are not eligible for a repayment plan, the estimate for that repayment plan will not reflect the total amount that you will repay on all of your federal student loans.
Contact your loan servicer to further discuss which plan is right for you.
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When we estimate your payments for each repayment plan, we include only the loans that are eligible for that repayment plan. You can check which loans are eligible for which repayment plans by expanding the loan categories in "Your Loans" above.
If you have consolidation loan(s), as well as other federal student loans that aren't consolidation loan(s), we don't include the consolidation loan balance(s) in the Standard and Graduated repayment estimates in the main table. Instead, we display consolidation loan(s) in a separate table below.
If some of your loans aren't eligible for a repayment plan, the estimate for that repayment will not reflect the total amount that you'll repay on all of your federal student loans. For example, if you have FFEL Program Loans and Direct Loans, and are interested in the Extended Repayment Plan, but only your Direct Loans are eligible for the Extended Repayment Plan, then the estimated payments for the Extended Repayment Plan will only be based on your Direct Loans, and won't include your FFEL Program Loans. Therefore, the estimated payments for the Extended Repayment Plan won't be the total amount that you have to repay each month for all of your federal student loans.
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Monthly payment amounts presented here are estimates only and are based on several assumptions that may not apply to you. To discuss actual monthly payment amounts, contact your loan servicer.
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Repayment Period - We assume that you have just entered repayment and estimate your payments assuming that you still have the full repayment period to repay your loans. For example, for the Extended Repayment Plan, we calculate your payments under this plan using the full 25-year repayment period, even if your actual remaining repayment period is less than 25 years.
We also assume that you'll pay continuously throughout the repayment period with no breaks for deferment or forbearance.
- Discretionary Income - We assume that your income will grow 5% each year, that your family size will remain the same during the life of the loan, and that the poverty guidelines will increase based on the Congressional Budget Office's estimation of inflation.
- Variable Interest Rates - For loans with variable interest rates, we assume that the current interest rate won't change during the life of the loan.
- Consolidation Loans - We assume that Direct and FFEL Consolidation Loans don't contain any underlying loans made to parents, which are ineligible for the REPAYE, PAYE, and IBR plans plans.
N/A
N/A
| Repayment Period | Initial Monthly Payment | Final Monthly Payment |
Projected Loan
Forgiveness
Public Service
Loan Forgiveness
|
Total Amount Paid |
|---|---|---|---|---|
Repayment Period
Initial Monthly Payment
Final Monthly Payment
Projected Loan
Forgiveness
Public Service
Loan Forgiveness
Public Service
Loan Forgiveness
Total Amount Paid
| Repayment Plan | First Monthly Payment | Last Monthly Payment | Total Amount Paid |
Projected Loan
Forgiveness
Public Service
Loan Forgiveness
|
Repayment Period |
|---|---|---|---|---|---|
Federal Family Education Loan (FFEL) Program loans consolidated with Direct Loans are eligible for repayment under the Pay As You Earn and ICR plans. Loan consolidation information is available at StudentAid.gov.
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