Am I Eligible For An IDR Plan For My Federal Student Loans?

Income-Driven Repayment (“IDR”) Plans can be an attractive option for federal student loan borrowers.

These plans can make monthly payments more manageable, and offer forgiveness after a term of years. Eligibility depends upon a variety of factors, and must be determined on a case-by-case basis.

This flowchart helps guide individuals that hold federal student loans through the IDR options that may be available to them and covers:

• Loan type and timing issues
• Financial hardship requirements
• Monthly payment amounts
• Loan repayment terms