Student Loan Repayment Plan

Trouble viewing this email? Click to open in a browser Please add courseadvisor@emails.courseadvisor.com to your address book to ensure our emails are delivered Income-based Loan Repayment Plan By CourseAdvisor If you're trying to manage student loan payments on a tight budget, you'll be glad to hear about a new federal program, the Income-based Repayment Plan, that goes into effect on July 1. Just like it sounds, the Income-based Repayment Plan (the "IBR" plan) will determine an affordable monthly student loan payment based on your income and family size. Calculated on a sliding scale linked to the federal poverty line, the IBR rate caps all eligible student loan repayments at 15% of monthly income, although for many students, loan payments may drop to less than 10% of monthly income, or nothing. An IBR calculator can help you determine if you qualify for the program.   Featured Programs Nursing, Healthcare, & Medical Education & Teaching Business & Management   Featured Schools Westwood College Online Strayer University Ashford University Online Sponsored Advertisement Send this to a friend|Read our privacy policy| Profile Center CourseAdvisor Inc. 100 Quannapowitt Parkway, Suite 102, Wakefield, MA, 01880 | | www.courseadvisor.com © 2009 Course Advisor Inc., a subsidiary of The Washington Post Company