Extended Repayment

Lower monthly payments through an extended repayment period, up to 25 years.

  1. Loans greater than $30,000
  2. Payment may be fixed or increase over time
  3. Up to 25 year term
Income-Based Repayment (IBR) Table
Loan
Amount
Monthly
Payment
Years in
Repayment
Total Paid*
(Loan + Interest)

$50,000

$347

25

$104,111

*A subsidized Stafford loan repaid at 6.80% interest, assuming an extended repayment plan of 25 years.