Student Loan Types and IDR Eligibility
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Student Loan Types
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IBR (2009)
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PAYE
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REPAYE
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IBR (2014)
|
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Federal Direct Loans
|
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Unsubsidized
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Eligible
|
IF 1
|
Eligible
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IF 2
|
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Subsidized
|
|
Grad Plus
|
|
Consolidation
|
|
Federal Non-Direct Loans
|
|
FFEL
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Eligible
|
IF 1,3
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IF 3
|
IF 2,3
|
|
Perkins
|
IF 3
|
IF 1,3
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IF 3
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IF 2,3
|
|
HPSL
|
IF 3
|
IF 1,3
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IF 3
|
IF 2,3
|
|
LDS
|
IF 3
|
IF 1,3
|
IF 3
|
IF 2,3
|
|
Non-federal Loans
|
|
Private
|
Ineligible
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Ineligible
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Ineligible
|
Ineligible
|
|
Institutional
|
|
Family
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1 For PAYE, you must be a new borrower as of October 1, 2007, and must have received at least one Federal Direct Loan disbursed after October 1, 2011.
2 For IBR (2014), you must be a new borrower as of July 1, 2014.
3 Federal Non-Direct Loans can be eligible for IDR if they are consolidated into a Federal Direct Consolidation loan. PAYE and IBR (2014) eligibility still depend on meeting the new borrower requirements.
FFEL = Federal Family Education Loans
HPSL = Health Professions Student Loans
LDS = Loans for Disadvantaged Students