How do I get them?
To apply for IBR, borrowers can log in at Studentloans.gov, enter their personal information into the Electronic IBR Application, authorize a transfer of their tax information using the IRS Data Retrieval Tool, and review, electronically sign and submit the completed form online.
All Direct Loan servicers plus several others are already in the system, and the Department of Education has said it expects to have all servicers plugged in by Spring 2013. But you don't have to know the name of your servicer to use the tool; it'll flag that for you and tell you how to proceed.
For more information, to apply for IBR, or to update your income information, please visit Studentloans.gov.
Here are additional links to the application process and available information from the biggest student loan providers:
- Borrowers in the William D. Ford Direct Loan Program can apply for IBR online at studentloans.gov.
- Sallie Mae requires that you log in to their web site to get their IBR application
- Chase requires that you log in to their web site or call customer service (1-800-835-4611) to get the IBR application.
- Wells Fargo requires that you call customer service to apply for IBR (1-800-658-3567).
If you do not know who your lender is, search the National Student Loan Data System database.
Our site reflects the U.S. Department of Education's current regulations. We will alert our registered users if and when new information becomes available to help you take maximum advantage of these new programs.
Track Your Eligibility
In January 2012, the Department of Education issued the long-awaited Employment Certification Form for Public Service Loan Forgiveness, which allows Direct Loan borrowers who work in public service to confirm periods of qualifying employment. This form creates an official record with the Department's PSLF servicer, and will help you stay on track towards loan forgiveness and ensure you have the right paperwork when it is time to apply.
Visit the Federal Student Aid website for the Employment Certification instructions, fact sheet, and form.
Find out what you can do now to start the 10-year clock, including how to switch to
the Direct Loan program if you need to.