Income-Based Repayment (IBR)

Income-Based Repayment caps your monthly payment at 10–15% of your discretionary income, with any remaining balance forgiven after 20–25 years of qualifying payments.

Who qualifies

• You have Direct or FFEL loans and a partial financial hardship.
• Your payment under IBR is calculated to be less than what you'd pay under the Standard 10-year plan.
• You recertify your income and family size every year.

How National Advisory helps

We calculate whether IBR actually lowers your payment compared to other income-driven options, handle the annual recertification, and monitor your progress toward the forgiveness date.