Employees can avail of income-driven student loan repayment plans for federal loans. They will only pay an amount based on their income and family size. These are great options for those with outrageously high-interest payments. Check out … [Read more...] about 4 Income-Driven Student Loan Repayment Plans For Federal Loans
Student Loan Repayment Plans
ICYMI 2 Types Of Student Loan Repayment Plans
There are 2 types of student loan repayment plans: Income Driven Standard Income driven repayment plans allow for forgiveness. Check out the income driven plans (See below) and ask yourself if making a switch to one of these plans makes sense for … [Read more...] about ICYMI 2 Types Of Student Loan Repayment Plans
Graduated Repayment Plan
The Graduated Repayment plan is a repayment plan for student loan borrowers to repay loans made under the Federal Direct Loan Program and the Federal Family Education Loan Program. This plan is structured around providing borrowers with a low … [Read more...] about Graduated Repayment Plan
Income-Sensitive Repayment Plan
The Income-Sensitive Repayment Plan is a student loan repayment plan that is offered to student loan borrowers through the Department of Education. This plan is another income-driven repayment option available that is similar to the Income … [Read more...] about Income-Sensitive Repayment Plan
Standard Repayment Plan
The Standard Repayment plan is the basic repayment plan for student loan borrowers to repay loans made under the Federal Direct Loan Program and the Federal Family Education Loan Program. A student loan borrower receives a 6-month grace period … [Read more...] about Standard Repayment Plan
Extended Repayment Plan
The Extended Repayment Plan is a student loan repayment plan that is offered to student loan borrowers through the Department of Education. The Extended Repayment Plan assists borrowers that can’t afford a Standard Repayment Plan by giving them a … [Read more...] about Extended Repayment Plan