Borrower Currently In-School
You are currently in school and haven't started repaying your loans yet
New and Updated Repayment Plans:
Simplified Repayment Plan Options: After graduation (or otherwise ceasing enrollment), you'll choose one repayment plan option for all your federal student loans
Standard Repayment Plan
- Fixed payments over 10-25 years (based on debt amount)
- Pays off loans fastest, lowest total interest
Repayment Assistance Plan (RAP)
- Income-based payments (minimum $10/month)
- Forgiveness after 30 years (360 payments)
- Good for variable income or public service careers
Income-Based Repayment (IBR)
- Only available if you borrowed prior to July 1, 2026, and do not borrow after July 1, 2026
- Payments capped at 10% of discretionary income
- Forgiveness after 20 years
Public Service Loan Forgiveness (PSLF):
PSLF continues: Current PSLF requirements continue until further notice
- Full-time work for a qualifying employer (government/eligible nonprofit)
- Payments made under a qualifying repayment plan
- 120 qualifying payments