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Federal Family Education Loan Program (FFELP) Repayment Plans

Federal Family Education Loan Program (FFELP) loans have the quite a few options for repayment. Below is a summary of these plans. You can see what your payment would be under each plan by using this calculator.

Note that no payments made on an FFELP loan will ever count towards Public Service Loan Forgiveness.

Repayment Plan Eligible Loan Types How Payment
is Determined
Lowest Payment Allowed Maximum Term Loan Forgiveness
At End of Term
Standard Plan
  • Subsidized and Unsubsidized Stafford Loans
  • Graduate Plus Loans
  • Parent Plus
Same payment every month based on the balance of the load when you enter repayment $50 10 years except for consolidation loans which may have terms as long as 30 years No
Graduated Repayment
  • Subsidized and Unsubsidized Stafford Loans
  • Graduate Plus Loans
  • Parent Plus Loans
  • FFELP Consolidation Loans
Payments generally start as interest only for two years, then gradually increase every two years after that $30 10 years except for consolidation loans which may have terms as long as 30 years No
Extended Repayment and Extended Graduated Repayment You must have at least $30K in total DL
  • Subsidized and Unsubsidized Stafford Loans
  • Graduate Plus Loans
  • Parent Plus Loans
  • FFELP Loans

You must have no loans made earlier than 10/7/1998 to qualify

Extended repayment has the same payment for the full term of the loan

Extended repayment starts as interest only and gradually increases every two years

$50 25 Years No
Consolidation Loan Standard Plan Consolidation Loans Same payment every month based on the balance of the loan when you enter repayment $50 Between 10-30 years depending on your balance No
Income Sensitive Repayment
  • Subsidized and Unsubsidized Stafford Loans
  • Graduate Plus Loans
  • Parent Plus
  • FFELP Consolidation Loans
Payments are based on borrowers gross income. Varies by lender by borrower can often choose the percentage of that income to be used At least the monthly interest unless the borrower also requests forbearance You can use ISR for up to five years depending on the remaining term of your loan. Maximum repayment term is the original term of the loan No