Income-Based Repayment (IBR)

This plan is designed to help borrowers with high debt relative to their income.

  1. Offers more affordable payments based on income and family size.
  2. Payment could be as low as $0 per month.
    1. The government will pay accrued interest on Subsidized loans for up to a 3-yr period, regardless of the amount the borrower pays.
  3. Forgives any remaining debt after 25 years of repayment.

For more information, including eligibility requirements, visit IBRinfo.