Repayment Options
Repayment options depend on loan type and disbursement history. If you receive a new Direct Loan, including a Direct Consolidation Loan, on or after July 1, 2026, all your Direct Loans must be repaid under Tiered Standard or, for eligible loans, the Repayment Assistance Plan (RAP). Parent PLUS Loans and consolidation loans that repay Parent PLUS Loans are not eligible for RAP. Borrowers without newer Direct Loans may qualify for older repayment plans. Federal Family Education Loan (FFEL) Program options differ.
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The basic repayment plan for loans from the William D. Ford Federal Direct Loan (Direct Loan) Program and Federal Family Education Loan (FFEL) Program. |
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This plan starts with lower payments that increase every two years. |
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This plan allows you to repay your loans over an extended period of time. |
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This is available to low-income borrowers who have Federal Family Education Loan (FFEL) Program loans. |
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Fixed payments over 10, 15, 20, or 25 years, based on total outstanding principal balance. |
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Income-driven repayment for eligible Direct Loans, based on adjusted gross income and tax dependents, with a $10 monthly minimum. |
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Payments based on discretionary income for eligible older loans; eligibility depends on loan type and borrowing history. |
