Wednesday, July 20, 2016

High federal student loan payments? Grads First Can Help

Learn About Income Driven Repayment Plans

Almost all student loans are eligible for at least once income driven repayment plan. If your income is low your payment could be as low as $0 per month. This is also called loan forgiveness program but there are certain conditions to it. However if you have a good loan documentation expert than you can heavily reduce the repayment amount or even bring down to zero.

Under income-driven repayment programs -

Revised Pay as you earn repayment program
Pay as your earn repayment program
Income based repayment plan
Income contingent repayment plan