Income Driven Repayment Plan Request Great Lakes

Your proof of income documents.

Income driven repayment plan request great lakes. I want to select a plan for all of my direct loans. Before you submit your request don t forget to include. An income driven repayment plan may be an option if you re not making enough to cover your monthly expenses or if your debt is high compared to your income. Repayment plan request 1.

This is your tax return or transcript or alternative documentation as outlined in section 5. You need to complete the income driven repayment plan request on. They re based on your income family size the state you live in and federal student loan type. I want to select a plan for only my direct loans that are not eligible for the income based repayment ibr pay as you earn paye revised pay as you earn repaye or income contingent repayment icr plans.

Depending on how much you make your student loan payment could be as low as 0 month on an income driven repayment plan. If your spouse has loans with great lakes and would like to apply for an income driven repayment plan they must apply separately. Because income driven repayment plans generally extend the payment period you may pay more interest over the life of your loan. Learn more and apply for deferment once logged in the questions will guide you through to determine if you qualify based on your income overall student loan debt and family size.

If you ve decided. The main plans are income based repayment ibr pay as you earn paye revised pay as you earn repaye and income contingent repayment icr.