The Income Sensitive Repayment Plan (ISR) allows borrowers with Federal Family Education Loan (FFEL) program loans to reduce monthly loan payments. The ISR plan takes a borrower’s income into consideration when establishing loan payments. Payments will change annually depending on changes to income. The Income Sensitive Plan is based on a ten year term.
Loans Eligible for Income-Sensitive Repayment
- Subsidized FFEL Stafford Loans
- Unsubsidized FFEL Stafford Loans
- FFEL PLUS Loans
- FFEL Consolidation Loans
Federal loans made in the Direct Loan Program are not eligible for Income Sensitive Repayment.
To check eligibility for the Income-Sensitive Repayment Plan, borrowers should contact their loan servicer.