Income-Driven Repayment Plan for Federal Student Loans -

One option for paying back your Federal student loan is an Income-Driven Repayment Plan, or an IDR Plan. With this plan, your monthly payment is set at an amount that is intended to be more affordable. However, there are several determining factors to be eligible for the IDR plan. This flowchart will help determine your eligibility, and will guide you through options that may be available.

Download the flowchart here

Contact us for more information.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

The LPL Financial registered representatives associated with this site may only discuss and/or transact securities business with residents of the following states: AL, AK, AZ, CA, DC, FL, GA, IN, KY, LA, MI, MO, MS, NC, NV, NY, OH, SC, TN, TX, VA, WA, WI.

Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC.