Income-Based Repayment This is a repayment option for students with certain federal school loans. It allows you to base your payment amount on how much you make so that your installments are more affordable. It is less than what you’d have to pay under the typical 10-year repayment plan. more
Teacher Loan Forgiveness Program This program allows borrowers who teach for five consecutive years in certain schools to write off up to $17,500 in federal student loans. more
Public Service Loan Forgiveness Program This agreement gives those working full-time public service jobs a break on the balance of their student loans after making 120 consecutive payments. There are certain caveats however. The 120 payments had to have been made under certain repayment plans and you must have been employed full-time as a public servant during that time to qualify. more