Income Based Payment Plans

Students and families with federal student debt may qualify for income based payment plans in California. California students that are looking to get on the right track and pay off or pay down their federal student loans may find that an income based payment plan is right for them. Those suffering from financial hardship as a result of federal student loans and other mandatory living expenses may be eligible for an income based payment plan.

An income based payment plan is a payment plan that is based on your income and family size. Your payment could be as low as $0.00 per month if your income amount and family size deem that $0.00 is all you can afford.

Our student loan counselors in California will review your specific case and situation to determine if income based payment plans are right for you. These plans can help you get back on track with paying down or paying off your student loans while also managing your other debts and bills.