IBRinfo

An independent, non-profit source of information about new federal student loan payment and forgiveness programs.

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IBR Calculator beta

This calculator can help you determine if you – or you and your spouse if you are married – might qualify for Income-Based Repayment (IBR). We recommend that you use the most recent version of your web browser, such as Internet Explorer 7.

Are you married?

Note: Answer "Yes" if you file a joint federal tax return.

Yes No

Does your spouse have federal student loans?

Note: Federal student loans include loans from the William D. Ford Direct Loan Program and FFELP (guaranteed) loans from private lenders (such as a bank or Sallie Mae).

Yes No

Does your spouse earn an income? Yes No

What was your federal student loan debt at the time you entered repayment?

Note: Enter the total balance at the time you entered repayment of all of your federal student loans, which include loans from the William D. Ford Direct Loan Program and FFELP (guaranteed) loans from private lenders (such as a bank or Sallie Mae). Do not include Parent PLUS loans.

What was your spouse’s federal student loan debt at the time he or she entered repayment?

Note: Enter the total balance of all of your spouse’s federal student loans at the time he or she entered repayment. Do not include Parent PLUS loans.

What is your estimated income* this year?

Note: Enter an estimate of your current annual income, excluding your spouse’s income.

What is your spouse’s estimated income* this year?

Note: Enter an estimate of your spouse’s current annual income, excluding your income.

What is the interest rate on your federal student loans?

Note: If your interest rate is 6.8% then enter 6.8; if your interest rate is 5% then enter 5. If you have more than one loan with more than one interest rate, estimate or calculate the average of all the interest rates. If you don’t know your interest rate(s), answer 6.8.

What is the interest rate on your spouse’s federal student loans?

Note: If your spouse’s interest rate is 6.8% then enter 6.8; if your spouse’s interest rate is 5% then enter 5. If your spouse has more than one loan with more than one interest rate, estimate or calculate the average of all the interest rates. If you don’t know your spouse’s interest rate(s), answer 6.8.

Do you live in Alaska or Hawaii?

Note: If you live anywhere in the world besides Alaska or Hawaii, answer "No."

Yes No

Pick your state: Alaska Hawaii

Do you have dependents** other than a spouse?

Note: Note: Include children and others you would count as dependents on your federal tax return, not including a spouse.

Yes No

How many dependents** do you have?

Calculator Assumptions

*Income vs. Adjusted Gross Income (AGI):

This calculator uses income as an approximation for Adjusted Gross Income (AGI). Results may therefore be less accurate for users whose income is significantly different from their AGI (for example, users who receive substantial dividends or interest from investments, users who receive alimony payments, users with self-employment deductions, and other situations listed here).

**Dependents for Married Borrowers:

For married borrowers, the calculator also assumes that the couple files a joint tax return (not two individual returns), so that any dependents are claimed jointly.

IBRinfo is a service of the Project on Student Debt

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