Income-Driven Repayment (IDR) Plan Request

INCOME-DRIVEN REPAYMENT (IDR) PLAN REQUEST

IDR

For the Saving on a Valuable Education (SAVE) (formerly known as
Revised Pay As You Earn (REPAYE)), Pay As You Earn (PAYE), IncomeBased Repayment (IBR), and Income-Contingent Repayment (ICR) plans
under the William D. Ford Federal Direct Loan (Direct Loan) Program and
Federal Family Education Loan (FFEL) Programs

OMB No. 1845-0102
Form Under Review
Exp. Date: xx/xx/xxxx

WARNING/IMPORTANT: Any person who knowingly makes a false statement or misrepresentation on this form or on
any accompanying document is subject to penalties that may include fines, imprisonment, or both, under the U.S. Criminal
Code and 20 U.S.C. 1097

SECTION 1: BORROWER INFORMATION
Please enter or correct the following information.
Check this box if any or your information has changed.
Social Security Number:
Name:
Address:
City:

State:

Zip Code:

Telephone:
Email (optional):

SECTION 2: REPAYMENT PLAN OR RECERTIFICATION REQUEST
It's faster and easier to complete this form online at StudentAid.gov. You can learn more at StudentAid.gov/lDR and by
reading Sections 9 and 10. It's simple to get repayment estimates at StudentAid.gov/loan-simulator. You never need to
pay for assistance completing this form, contact your loan holder or servicer for free assistance. You can find out who
your loan holder or servicer is at StudentAid.gov/login. You may have to report any loan amount forgiven under an
income-driven plan as taxable income when you file your federal and/or state tax returns.
1. Select the reason you are submitting this form
(Check only one)
I want to enter an income-driven plan - Continue to
Item 2.
I am submitting documentation for the annual
recertification of my income-driven payment – Skip
to Item 3.

3. Do you have multiple loan holders or servicers?
Yes – Submit a request to each holder or servicer –
Continue to Item 4.
No – Continue to Item 4.
4. Are you currently in deferment or forbearance?
After answering continue to Item 5.
No.

I am submitting documentation early to have my
income-driven payment recalculated immediately Skip to Item 3.

Yes, but I want to start making payments under my
plan immediately.

I want to change to a different income-driven plan Continue to Item 2.

Yes, and I do not want to start repaying my loans
until the deferment or forbearance ends.

2. Choose a plan and then continue to Item 3.
(Recommended) I want the income-driven
repayment plan with the lowest monthly payment.
SAVE (formerly known as REPAYE)
IBR

PAYE

ICR

Note: If you have FFEL Program loans, they are only
eligible for IBR. However, you can consolidate your loans
at StudentAid.gov/manage-loans/consolidation to access
more beneficial income-driven repayment plans.

SECTION 3: FAMILY SIZE INFORMATION
Borrower Identifiers: Borrower Name:

SSN:

5. How many children, including unborn children, are
in your family and receive more than half of their
support from you?

6. How many other people, excluding your spouse
and children, live with you and receive more than
half of their support from you?

Note: A definition of "family size" is provided in Section 9. Do not enter a value for you or your spouse. Those values are
automatically included in your family size, if appropriate.

SECTION 4A: MARITAL STATUS INFORMATION
7. What is your marital status?

9. Provide the following information about your
spouse and then continue to Item 10:

Single - Skip to Item 11.

a. Spouse’s SSN

Married - Continue to Item 8.
Married, but separated or unable to reasonably
access my spouse’s income information - You will be
treated as single. Skip to Item 11.
8. Does your spouse have federal student loans?

b. Spouse’s Name
c. Spouse’s Date of Birth
10. When you filed your last federal income tax return,
did you file jointly with your spouse?

Yes - Continue to Item 9.

Yes - Skip to Item 13.

No - Skip to Item 10.

No - Continue to Item 11.

SECTION 4B: INCOME INFORMATION FOR SINGLE BORROWERS AND MARRIED
BORROWERS FILING SEPARATELY
11. Has your income significantly decreased, or your
marital status changed since you filed your last
federal income tax return?
For example, have you lost your job, experienced a
drop in income, or gotten divorced, or did you most
recently file a joint return with your spouse, but you
have since become separated.

12. Do you currently have taxable income?
Check "No" if you do not have any income or receive
only untaxed income.
Yes - Provide documentation of your income as
instructed in Section 5B. Skip to that section.
No - You are not required to provide documentation
of your income. Skip to Section 6.

Yes - Continue to Item 12.
No - Provide your most recent federal income tax
return or transcript and skip to Section 5A.
I haven't filed a federal income tax return in the last
two years - Continue to Item 12.

Note: Any person who knowingly makes a false
statement or misrepresentation on this form can be
subject to penalties including fines, imprisonment, or
both.

Page 2 of 13

SECTION 4C: INCOME INFORMATION FOR MARRIED FILING JOINTLY
Borrower Identifiers: Borrower Name:

SSN:

13. Has your income significantly decreased since you
filed your last federal income tax return?
For example, have you lost your job or experienced a
drop in income?

15. Do you currently have taxable income?
Check "No" if you do not have any income or receive
only untaxed income.
Yes - You must provide documentation of your
income according to the instructions in Section 5B.
Continue to Item 16.

Yes - Skip to Item 15.
No - Continue to Item 14.
We haven't filed a federal income tax return in the
last two years - Skip to Item 15.
14. Has your spouse's income significantly decreased
since your spouse filed their last federal income
tax return?

No - You are not required to provide documentation
of your income. Continue to Item 16.
16. Does your spouse currently have taxable income?
Check "No" if your spouse does not have any income
or receives only untaxed income.
Yes - Skip to Section 5B and provide
documentation of your spouse's income as instructed
in that section.

For example, has your spouse lost their job or
experienced a drop in income?
Yes - Continue to Item 15.
No - Provide your and your spouse's most recent
federal income tax return or transcript and skip to
Section 5A.

No - You are not required to provide documentation
of your spouse's income. If you selected "Yes" to
Item 15, skip to Section 5B and document your
income. If you selected "No" to Item 15, skip to
Section 6.

Note: Any person who knowingly makes a false statement or misrepresentation on this form can be subject to penalties
including fines, imprisonment, or both.

SECTION 5A: AUTHORIZATION TO RETRIEVE FEDERAL TAX INFORMATION FROM THE IRS
This section is intended for borrowers holding Direct Loans only. If you have Federal Family Education Loan (FFEL)
Program loans with a remaining balance, you must skip to section 5B.
By accepting below, you will be: (1) consenting to the U.S. Department of Education disclosing certain information about
you to the U.S. Department of the Treasury, Internal Revenue Service (IRS); (2) affirmatively approving the U.S.
Department of Education obtaining your Federal Tax Information (FTI) from the IRS for certain purposes on an annual
basis, as described below; and (3) agreeing that your approval will be ongoing until you fulfill your repayment obligations
under an income-driven repayment (IDR) plan, withdraw from your IDR plan, or, as described below, revoke your
approval and consent, as further described below. You are not required to provide your consent, approval, or agreement
as a condition of eligibility for an IDR plan but, if approval and consent are not provided, you are required to provide
alternative documentation of income (as described in Section 5B).

Page 3 of 13

SECTION 5A: AUTHORIZATION TO RETRIEVE FEDERAL TAX INFORMATION FROM THE IRS
(CONTINUED)
Borrower Identifiers: Borrower Name:

SSN:

By checking ‘I approve, consent, and agree’ below, I consent to, affirmatively approve of, and agree to, as
applicable, the following:
1. The U.S. Department of Education may disclose my Social Security number (SSN)/Taxpayer Identification
Number (TIN), last name, and date of birth that I provided in Section 1 (Borrower Information) of this form, as well
as my unique identifier and the tax year for which FTI is required, to the IRS for the U.S. Department of Education
to receive my FTI for the purpose of, and to the extent necessary in, determining my eligibility for, or repayment
obligations under, IDR plans as authorized under part D of title IV of the Higher Education Act of 1965, as
amended, as described in 26 U.S.C. § 6103(l)(13)(A);
2. The U.S. Department of Education may use my FTI on an annual basis for the purposes of determining my
eligibility for, and repayment obligations under, a qualifying IDR plan until I fulfill my repayment obligations under
an IDR plan, withdraw from my IDR plan, or, as described below, revoke my approval and consent; and
3. The U.S. Department of Education may automatically execute the recertification of eligibility determination and
repayment obligations for a qualifying IDR plan on an annual basis until I fulfill my repayment obligations under an
IDR plan, withdraw from my IDR plan, or, as described below, revoke my approval and consent.
By checking ‘I approve, consent, and agree’ below, I further understand that:
1. During recertification, my eligibility and monthly payment amount for a previously approved IDR plan may change
based on the FTI that the U.S. Department of Education receives from the IRS when my IDR plan is automatically
recertified on annual basis;
2. I am also providing my written consent for the redisclosure of my FTI by the U.S. Department of Education to the
Office of Inspector General of the U.S. Department of Education for audit purposes, as described in 26 U.S.C. §
6103(l)(13)(D)(iv); and
3. I may revoke my consent for the disclosure of the SSN/TIN, last name, and date of birth information that I
provided in Section 1 (Borrower Information) of this form, as well as my unique identifier and the tax year for
which FTI is required, and my affirmative approval for the receipt and use of my FTI by the U.S. Department of
Education within the user settings of my account at StudentAid.gov. (You must be logged into your account with
your FSA ID in order to revoke approval and consent.) However, by revoking my affirmative approval and
consent, I understand and acknowledge that the U.S. Department of Education will be unable to automatically
determine my eligibility for, and repayment obligations under, an IDR plan on an annual basis, and will require
that I, and my spouse (if applicable), provide alternative documentation of income on an annual basis if I wish to
continue participating in an IDR plan.
I APPROVE, CONSENT, and AGREE and certify under penalty of perjury under the laws of the United States of
America, that the foregoing is true and correct, and that I am the person named in Section 1 (Borrower
Information) of this form providing consent to disclose and authorize the disclosure of my records, as set forth
above. I further authorize the disclosure of my personally identifiable information, as outlined above, to the IRS for
ED to receive my FTI for purposes of determining my eligibility for, or repayment obligations under, an IDR plan
request. I understand that any falsification of this statement is punishable under the provisions of 18 U.S.C. §
1001 by a fine, imprisonment of not more than five years, or both, and that the knowing and willful request for or
acquisition of a record pertaining to an individual under false pretenses is a criminal offense under the Privacy Act
of 1974, as amended, subject to a fine of not more than $5,000 (5 U.S.C. § 552a(i)(3)). (Skip to Section 6)
I DO NOT approve, consent, and agree to the disclosure of my information to the IRS for the U.S. Department of
Education to receive my FTI, as described above. (Continue to Section 5B).

Page 4 of 13

SECTION 5B: INSTRUCTIONS FOR DOCUMENTING CURRENT INCOME
Borrower Identifiers: Borrower Name:

SSN:

If you were directed here from Section 5A, provide your most recent federal tax return or tax transcript, and skip to
Section 6.
If you were directed here based on your answers in Section 4, you and your spouse (if applicable) must provide
documentation of your current income instead of a federal tax return or tax transcript.
This is the income you must document:
• You must provide documentation of all taxable income you and your spouse (if applicable) currently receive.
• Taxable income includes, for example, income from employment, unemployment income, dividend income,
interest income, tips, and alimony.
• Do not provide documentation of untaxed income such as Supplemental Security Income, child support, or federal
or state public assistance.
This is how you document your income:
• The date on any supporting documentation you provide must be no older than 90 days from the date you sign this
form.
• Documentation will usually include a pay stub or letter from your employer listing your gross pay.
• Write on your documentation how often you receive the income, for example, “twice per month” or “every other
week."
• You must provide at least one piece of documentation for each source of taxable income.
• If documentation is not available or you want to explain your income, attach a signed statement explaining each
source of income and giving the name and the address of each source of income.
• Copies of documentation are acceptable.
After gathering the appropriate documentation, continue to Section 6.

SECTION 6: BORROWER REQUESTS, UNDERSTANDINGS, AUTHORIZATION AND
CERTIFICATION
If I am requesting an income-driven repayment plan or seeking to change income-driven repayment plans, I request:
• That my loan holder place me on the plan I selected in Section 2 to repay my eligible Direct Loan or FFEL Program
loans held by the holder to which I submit this form.
• If I do not qualify for the plan or plans I requested, or did not make a selection in Item 2, that my loan holder place
me on the plan with the lowest monthly payment amount.
• If I selected more than one plan, that my loan holder place me on the plan with the lowest monthly payment
amount from the plans that I requested.
• If more than one of the plans that I selected provides the same initial payment amount, or if my loan holder is
determining which of the income-driven plans I qualify for, that my loan holder use the following order in choosing
my plan: SAVE (if my repayment period is 20 years), PAYE, SAVE (if my repayment period is 25 years), IBR, and
then ICR.
If I am not currently on an income-driven repayment plan, but I did not complete Item 1 or I incorrectly indicated in Item 1
that I was already in an income-driven repayment plan, I request that my loan holder treat my request as if I had indicated
in Item 1 that I wanted to enter an income-driven repayment plan.

Page 5 of 13

SECTION 6: BORROWER REQUESTS, UNDERSTANDINGS, AUTHORIZATION AND
CERTIFICATION (CONTINUED)
Borrower Identifiers: Borrower Name:

SSN:

If I am currently repaying my Direct Loans under the IBR plan and I am requesting a change to a different income-driven
plan, I request a one-month reduced-payment forbearance in the amount of my current monthly IBR payment or $5,
whichever is greater (unless I request another amount below or I decline the forbearance), to help me move from IBR to
the new income-driven plan I requested.
I request a one-month reduced-payment forbearance in the amount of:

(must be at least $5).

I understand that:
• If I do not provide my loan holder with this completed form and any other required documentation, I will not be
placed on the plan that I requested or my request for recertification or recalculation will not be processed.
• I may choose a different repayment plan for any loans that are not eligible for income-driven repayment.
• If I requested a reduced-payment forbearance of less than $5 above, my loan holder will grant my forbearance for
$5.
• If I am requesting a change from the IBR Plan to a different income-driven repayment plan, I may decline the onemonth reduced payment forbearance described above by contacting my loan holder. If I decline the forbearance, I
will be placed on the Standard Repayment Plan and cannot change repayment plans until I make one monthly
payment under that plan.
• If I am requesting the ICR plan, my initial payment amount will be the amount of interest that accrues each month
on my loan until my loan holder receives the income documentation needed to calculate my payment amount. If I
cannot afford the initial payment amount, I may request a forbearance by contacting my loan holder.
• If I am married and I request the ICR plan, my spouse and I have the option of repaying our Direct Loans jointly
under this plan. My loan servicer can provide me with information about this option.
• If I have FFEL Program loans, my spouse may be required to give my loan holder access to their information in the
National Student Loan Data System (NSLDS). If this applies to me, my loan holder will contact me with
instructions.
• My loan holder may grant me a forbearance while processing my application or to cover any period of delinquency
that exists when I submit my application.
I authorize the entity to which I submit this request and its agents to contact me regarding my request or my loans at any
cellular telephone number that I provide now or in the future using automated telephone dialing equipment or artificial or
prerecorded voice or text messages.
If I approve (checked the box in Section 5A) to authorize retrieval of FTI from the IRS, I further consent to the disclosure
by the U.S. Department to the IRS of my personally identifiable information, as described in Section 5A, and agree to the
conditions to permit the disclosure of my FTI for purposes of this IDR plan request.
I certify under penalty of perjury under the laws of the United States of America, that all information I have provided on
this form and in any accompanying documentation is true, complete, and correct to the best of my knowledge and belief. I
further certify that I will repay my loans according to the terms of my promissory note and repayment schedule.
Borrower’s Signature

Date

Page 6 of 13

SECTION 7: WHERE TO SEND THE COMPLETED FORM
Return the completed form and any documentation to: (If
no address is shown, return to your loan holder.)

If you need help completing this form call: (If no phone
number is shown, call your loan holder.)

SECTION 8: INSTRUCTIONS FOR COMPLETING THE FORM
Type or print using dark ink. Enter dates as month-day-year (mm-dd-yyyy). Example: March 14, 2023 = 03-14-2023.
Include your name and account number on any documentation that you are required to submit with this form. Return the
completed form and any required documentation to the address shown in Section 7.

SECTION 9: DEFINITIONS
Common Definitions For All Plans:
Capitalization is the addition of unpaid interest to the principal balance of your loan. This will increase the principal
balance and the total cost of your loan.
A deferment is a period during which you are entitled to postpone repayment of your loans. Interest is not generally
charged to you during a deferment on your subsidized loans. Interest is always charged to you during a deferment on your
unsubsidized loans.
The William D. Ford Federal Direct Loan (Direct Loan) Program includes Direct Subsidized Loans, Direct
Unsubsidized Loans, Direct PLUS Loans, and Direct Consolidation Loans.
Family size always includes you and your children (including unborn children who will be born during the year for which
you certify your family size), if the children will receive more than half their support from you.
For Direct Loan program borrowers who choose to provide consent: for any plan, family size includes your spouse only if
you filed your federal tax return as married filing jointly unless you have indicated that you are separated from your
spouse.
For all FFEL program loan borrowers and Direct Loan program borrowers who choose not to provide consent or choose to
provide alternative income documentation: for the PAYE, IBR, and ICR Plans, family size always includes your spouse.
For the SAVE (formerly REPAYE) plan, family size includes your spouse unless your spouse's income is excluded from
the calculation of your payment amount.
For all plans, family size also includes other people only if they live with you now, receive more than half their support
from you now, and will continue to receive this support for the year that you certify your family size. Support includes
money, gifts, loans, housing, food, clothes, car, medical and dental care, and payment of college costs. Your family size
may be different from the number of exemptions you claim for tax purposes.
The Federal Family Education Loan (FFEL) Program includes Federal Stafford Loans (both subsidized and
unsubsidized), Federal PLUS Loans, Federal Consolidation Loans, and Federal Supplemental Loans for Students (SLS).
A forbearance is a period during which you are permitted to postpone making payments temporarily, allowed an
extension of time for making payments, or temporarily allowed to make smaller payments than scheduled.
The holder of your Direct Loans is the U.S. Department of Education (the Department). The holder of your FFEL Program
loans may be a lender, secondary market, guaranty agency, or the Department. Your loan holder may use a servicer to
handle billing, payment, repayment options, and other communications. References to “your loan holder” on this form
mean either your loan holder or your servicer.

Page 7 of 13

SECTION 9: DEFINITIONS (CONTINUED)
A partial financial hardship is an eligibility requirement for the PAYE and IBR plans. You have a partial financial
hardship when the annual amount due on all of your eligible loans (and, if you are required to provide documentation of
your spouse's income, the annual amount due on your spouse's eligible loans) exceeds what you would pay under PAYE
or IBR.
The annual amount due is calculated based on the greater of (1) the total amount owed on eligible loans at the time those
loans initially entered repayment, or (2) the total amount owed on eligible loans at the time you initially request the PAYE
or IBR plan. The annual amount due is calculated using a standard repayment plan with a 10-year repayment period,
regardless of loan type. When determining whether you have a partial financial hardship for the PAYE plan, the
Department will include any FFEL Program loans that you have into account even though those loans are not eligible to
be repaid under the PAYE plan, except for: (1) a FFEL Program loan that is in default, (2) a Federal PLUS Loan made to
a parent borrower, or (3) a Federal Consolidation Loan that repaid a Federal or Direct PLUS Loan made to a parent
borrower.
The poverty guideline amount is the figure for your state and family size from the poverty guidelines published annually
by the U.S. Department of Health and Human Services (HHS) at aspe.hhs.gov/poverty- guidelines. If you are not a
resident of a state identified in the poverty guidelines, your poverty guideline amount is the amount used for the 48
contiguous states.
The standard repayment plan has a fixed monthly payment amount over a repayment period of up to 10 years for loans
other than Direct or Federal Consolidation Loans, or up to 30 years for Direct and Federal Consolidation Loans.

Definitions For The SAVE (formerly known as the REPAYE) PLAN:
The Saving on a Valuable Education (SAVE) (formerly known as the Revised Pay As You Earn (REPAYE)) plan is a
repayment plan with monthly payments that are generally equal to 10% of your discretionary income, divided by 12.
Discretionary income for the SAVE plan is the amount by which your income exceeds 225% of the poverty guideline
amount.
Eligible loans for the SAVE plan are Direct Loan Program loans other than: (1) a loan that is in default, (2) a Direct
PLUS Loan made to a parent borrower, or (3) a Direct Consolidation Loan that repaid a Direct or Federal PLUS Loan
made to a parent borrower.

Definitions For The PAYE PLAN:
The Pay As You Earn (PAYE) plan is a repayment plan with monthly payments that are generally equal to 10% of your
discretionary income, divided by 12.
Discretionary income for the PAYE plan is the amount by which your income exceeds 150% of the poverty guideline
amount.
Eligible loans for the PAYE plan are Direct Loan Program loans other than: (1) a loan that is in default, (2) a Direct PLUS
Loan made to a parent borrower, or (3) a Direct Consolidation Loan that repaid a Direct or Federal PLUS Loan made to a
parent borrower.
You are a new borrower for the PAYE plan if: (1) you have no outstanding balance on a Direct Loan or FFEL Program
loan as of October 1, 2007 or have no outstanding balance on a Direct Loan or FFEL Program loan when you obtain a
new loan on or after October 1, 2007, and (2) you receive a disbursement of an eligible loan on or after October 1, 2011,
or you receive a Direct Consolidation Loan based on an application received on or after October 1, 2011.

Definitions For The IBR PLAN:
The Income-Based Repayment (IBR) plan is a repayment plan with monthly payments that are generally equal to 15%
(10% if you are a new borrower) of your discretionary income, divided by 12.
Discretionary income for the IBR plan is the amount by which your adjusted gross income exceeds 150% of the
poverty guideline amount.
Page 8 of 13

SECTION 9: DEFINITIONS (CONTINUED)
Eligible loans for the IBR plan are Direct Loan and FFEL Program loans other than: (1) a loan that is in default, (2) a
Direct or Federal PLUS Loan made to a parent borrower, or (3) a Direct or Federal Consolidation Loan that repaid a Direct
or Federal PLUS Loan made to a parent borrower.
You are a new borrower for the IBR plan if (1) you have no outstanding balance on a Direct Loan or FFEL Program loan
as of July 1, 2014 or (2) have no outstanding balance on a Direct Loan or FFEL Program loan when you obtain a new
loan on or after July 1, 2014.

Definitions For The ICR PLAN:
The Income-Contingent Repayment (ICR) plan is a repayment plan with monthly payments that are the lesser of (1)
what you would pay on a repayment plan with a fixed monthly payment over 12 years, adjusted based on your income or
(2) 20% of your discretionary income divided by 12.
Discretionary income for the ICR plan is the amount by which your adjusted gross income exceeds the poverty
guideline amount for your state of residence and family size.
Eligible loans for the ICR plan are Direct Loan Program loans other than: (1) a loan that is in default, (2) a Direct PLUS
Loan made to a parent borrower, or (3) a Direct PLUS Consolidation Loan (based on an application received prior to July
1, 2006 that repaid Direct or Federal PLUS Loans made to a parent borrower). However, a Direct Consolidation Loan
made based on an application received on or after July 1, 2006 that repaid a Direct or Federal PLUS Loan made to a
parent borrower is eligible for the ICR plan.

Page 9 of 13

SECTION 10: INCOME DRIVEN REPAYMENT PLAN REQUIREMENTS AND GENERAL INFORMATION
See Table Below For Income Driven Repayment Plan Requirements and General Information.
Plan Feature

SAVE (formerly REPAYE)

PAYE

IBR

ICR

Payment Amount

Generally, 10% of discretionary income.

Generally, 10% of discretionary
income.

Never more than 15% of
discretionary income.

Lesser of 20% of discretionary
income or what you would pay
under a repayment plan with
fixed payments over 12 years,
adjusted based on your
income.

Cap on Payment
Amount

None. Your payment may exceed what
you would have paid under the 10-year
standard repayment plan.

What you would have paid
under the 10-year standard
repayment plan when you
entered the plan.

What you would have paid
under the 10-year standard
repayment plan when you
entered the plan.

None. Your payment may
exceed what you would have
paid under the 10-year
standard repayment plan.

Married
Borrowers

Your payment will be based on the
combined income and loan debt of you
and your spouse only if you file a joint
Federal income tax return, unless you and
your spouse (1) are separated or (2) you
are unable to reasonably access your
spouse's income information.

Your payment will be based on
the combined income and loan
debt of you and your spouse
only if you file a joint Federal
income tax return, unless you
and your spouse (1) are
separated or (2) you are
unable to reasonably access
your spouse's income
information.

Your payment will be based on
the combined income and loan
debt of you and your spouse
only if you file a joint Federal
income tax return, unless you
and your spouse (1) are
separated or (2) you are unable
to reasonably access your
spouse's income information.

Your payment will be based on
the combined income of you
and your spouse only if you file
a joint Federal income tax
return, unless you and your
spouse (1) are separated or (2)
you are unable to reasonably
access your spouse's income
information.

Borrower
Responsibility for
Interest

On all loans, you do not have to pay the
difference between your monthly payment
amount and the interest that accrues
while you remain on the plan.

On subsidized loans, you do
not have to pay the difference
between your monthly payment
amount and the interest that
accrues for your first 3
consecutive years in the plan.

On subsidized loans, you do not
have to pay the difference
between your monthly payment
amount and the interest that
accrues for your first 3
consecutive years in the plan.

You are responsible for paying
all of the interest that accrues.

Page 10 of 13

Plan Feature

SAVE (formerly REPAYE)

PAYE

IBR

ICR

Forgiveness
Period

If you only have eligible loans that you
received for undergraduate study, any
remaining balance is forgiven after 20
years of qualifying repayment. If you have
any eligible loans that you received for
graduate or professional study, any
remaining balance is forgiven after 25
years of qualifying repayment on all of
your loans. Forgiveness may be taxable.

Any remaining balance is
forgiven after 20 years of
qualifying repayment, and may
be taxable.

Any remaining balance is
forgiven after no more than 25
years of qualifying repayment,
and may be taxable.

Any remaining balance is
forgiven after 25 years of
qualifying repayment, and may
be taxable.

Income Eligibility

None

You must have a “partial
financial hardship”.

You must have a “partial
financial hardship”.

None

Borrower
Eligibility

You must be a Direct Loan borrower with
eligible loans.

You must be a “new borrower”
with eligible Direct Loans.

You must be a Direct Loan or
FFEL borrower with eligible
loans.

You must be a Direct Loan
borrower with eligible loans.

Recertify Income
and Family Size

Annually. Failure to submit documentation
by the deadline may result in an increase
to your payment to ensure that your loan
is paid in full over the lesser of 10 or the
remainder of 20 or 25 years.

Annually. Failure to submit
documentation by the deadline
may result in an increase of the
payment amount to the 10-year
standard payment amount.

Annually. Failure to submit
documentation by the deadline
will result in the capitalization of
interest and increase in
payment amount to the 10-year
standard payment amount.

Annually. Failure to submit
documentation by the deadline
will result in the recalculation of
your payment amount to be the
10-year standard payment
amount.

Leaving the Plan

At any time, you may change to any other
repayment plan for which you are eligible.

At any time, you may change
to any other repayment plan for
which you are eligible.

If you want to leave the plan,
you will be placed on the
standard repayment plan. You
may not change plans until you
have made one payment under
that plan or a reduced-payment
forbearance.

At any time, you may change
to any other repayment plan for
which you are eligible.

Interest
Capitalization

None

None

If you are determined to no
longer have a “partial financial
hardship”, fail to recertify your
income by the deadline, or leave
the plan, interest is capitalized.

None

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SECTION 11: SAMPLE PAYMENT AMOUNTS
To obtain estimated payment amounts under all of the repayment plans, visit StudentAid.gov/loan-simulator/.

SECTION 12: IMPORTANT NOTICES
Privacy Act Statement.
Authorities: The authorities for collecting the requested information from and about you are §421 et seq. and §451 et
seq. of the Higher Education Act of 1965, as amended (20 U.S.C. 1071 et seq. and 20 U.S.C. 1087a et seq.) (HEA), and
the authorities for collecting and using your Social Security Number (SSN) are §§428B(f) and 484(a)(4) of the HEA (20
U.S.C. 1078-2(f) and 1091(a)(4)) and 31 U.S.C. 7701(b).
Purposes: The principal purposes for collecting the information on this form, including your SSN, are to verify your
identity, to determine your eligibility to receive a loan or a benefit on a loan (such as a deferment, forbearance, discharge,
or forgiveness) under the FFEL and/or Direct Loan Programs, to permit the servicing of your loans, and, if it becomes
necessary, to locate you and to collect and report on your loans if your loans become delinquent or default. We also use
your SSN as an account identifier and to permit you to access your account information electronically.
Disclosures: The information provided on the Income-Driven Repayment (IDR) Plan Request will only be disclosed
outside of the Department with prior written consent or as otherwise allowed by the Privacy Act of 1974, as amended
(Privacy Act) (5 U.S.C. 552a). One of the exceptions to the Privacy Act’s prior written consent requirement that allows for
disclosure, without consent, is for “routine uses” that the Department publishes in our System of Records Notices
(SORNs). The Department may disclose, without consent, the information provided on the IDR Plan Request form, on a
case-by-case basis or under a computer matching program, to third parties pursuant to the routine uses identified in the
“Common Origination and Disbursement System” (18-11-02) SORN. This notice is available on the Department’s “Privacy
Act System of Record Notice Issuances (SORN)” webpage located at https://www2.ed.gov/notices/ed-pia.html.
These routine uses include, but are not limited to:
• To assist with the determination of program eligibility and benefits, the Department may disclose records to
institutions of higher education, financial institutions, third-party servicers, and Federal, State, Tribal, or local
agencies;
•

To maintain data that supports the existence of a legal obligation to repay funds disbursed under title IV, HEA
programs, including documentation such as promissory notes and other agreements, the Department may disclose
records to institutions of higher education, third-party servicers, and Federal agencies;

•

To assist an eligible lender in processing an aid recipient’s IDR plan, the Department may disclose records,
including, but not limited to, the calculated monthly payment amount based on the IDR plan selected and ADOIs,
to eligible lenders.

•

If the Department contracts with an entity to perform any function that requires disclosure of records in this system
to employees of the contractor, the Department may disclose the records to those employees. As part of such a
contract, the Department shall require the contractor to agree to establish and maintain safeguards to protect the
security and confidentiality of the disclosed records.

For additional routine uses, view the “Common Origination and Disbursement System” (18-11-02) SORN. This notice is
available on the Department’s “Privacy Act System of Record Notice Issuances (SORN)” webpage located at
https://www2.ed.gov/notices/ed-pia.html.
Consequences of Failure to Provide information: Participating in the Federal Family Education Loan (FFEL) Program or
the William D. Ford Federal Direct Loan (Direct Loan) Program and providing the Department your SSN and requested
information is mandatory to participate.

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SECTION 12: IMPORTANT NOTICES (CONTINUED)
Paperwork Reduction Notice. According to the Paperwork Reduction Act of 1995, no persons are required to respond to a
collection of information unless it displays a valid Office of Management and Budget (OMB) control number. The valid
OMB control number for this information collection is 1845-0102. Public reporting burden for this collection of information
is estimated to average 20 minutes (0.33 hours) per response, including time for reviewing instructions, searching existing
data sources, gathering and maintaining the data needed, and completing and reviewing the information collection.
Individuals are obligated to respond to this collection to obtain a benefit in accordance with 34 CFR 682.215, 685.209, or
685.221.
If you have comments or concerns regarding the status of your individual submission of this form, please
contact your loan holder directly (see Section 7).

Page 13 of 13