IBR Calculator updates and new FAQ section
Income Based Repayment (IBR) uses a sliding scale to set an affordable payment level for your federal student loans. We've updated the IBR Calculator with the most recent poverty level (2009), which is part of the IBR formula. Make sure to revisit the calculator to estimate your updated eligibility and loan payments.
New: Frequently Asked Questions
Do you have questions about Income-Based Repayment (IBR) or Public Service Loan Forgiveness (PSLF)? A new FAQ section on IBRinfo.org answers common questions about these new programs and how they can help borrowers like you.
Countdown to Income-Based Repayment (IBR)
IBR becomes available July 1, 2009. As the deadline approaches we will continue to keep you and IBRinfo.orgup to date. Please help us spread the word about IBR and Public Service Loan Forgiveness (PSLF): everyone with students loans should know about these repayment and forgiveness options. Ask your friends to sign up for email updates at IBRinfo.org.
(This message was sent to the IBRinfo mailing list on February 27, 2009.)